Back Matter

Author(s):
Sage De Clerck, and Tobias Wickens
Published Date:
March 2015
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    Index

    Numbers in references refer to paragraphs in chapters, boxes, tables, or appendices.

    A

    • Above-the-line transactions, 4.53, Table 4A.1

    • Accounting rules

      • choice of gross and net presentations, 3.143–3.151

      • credit entries, 3.55

      • currency conversion, 3.132–3.133

      • currency denomination and currency settlement, 3.137–3.139

      • data reporting guidelines and standards, 3.52, 3.53

      • debit entries, 3.55

      • double-entry recording of economic events, 3.54

      • harmonization of macroeconomic datasets, A7.9-A7.12, A7.98, A7.105

      • international standards for, government finance statistics framework and, A6.1-A6.56

      • reporting periods, 3.52

      • treatment of domestic and foreign currency, 3.134–3.136

      • unit of account, 3.51, 3.130–3.131

      • valuation, 3.113

      • See also Analytic framework of government finance statistics; Consolidation; Time of recording economic flows; Type of accounting system

    • Accounts payable, See Other accounts payable/receivable

    • Accrual basis of recording economic events

      • advantages of, 3.69–3.74, 4.2

      • compensation of employees, 6.10

      • definition of, 3.62, 5.10

      • dividends, 3.87

      • employment-related pensions and other retirement benefits, 6.106

      • expense transactions, 6.6

      • implementation of government finance statistics framework, 1.37–1.38, 3.75

      • imputed social contributions, A2.46

      • income taxes, 5.43

      • interest, 5.108–5.109, 6.64, 9.44, A3.89

      • licenses, A4.43

      • premiums, fees and current claims, 5.150, 7.184, 9.58

      • prepayments, A4.21

      • refunds, 5.27

      • rent, 5.123

      • revenue transactions, 5.14, 5.17

      • sales of goods, 5.141

      • social assistance benefits, A2.29

      • taxes on pollution, 5.81

      • taxes on property, 5.47

      • time of recording transactions, 3.60, 3.62–3.64, 5.13, 8.13, 9.13

      • use in government finance framework, 1.27–1.28, 3.70, A5.43, Box A6.1

    • Accumulation accounts, A7.18, A7.62-A7.71, Table A7.2

    • Administrative fees, 5.73–5.75, 5.138

    • Aggregates

      • analytical value of, 3.140, 4.53–4.54

      • definition of, 3.141

      • of revenue for fiscal analysis, 5.9

      • reasons for consolidation, 3.155, 3.158

      • to create balancing items, 3.142

    • Amortized value, 3.115

    • Analytic framework of government finance statistics, Figure 4.1

      • analytic objectives of, 1.41, 4.4–4.5

      • balancing items and, 1.32–1.33

      • components of, 4.8. See also specific component

      • GFSM 1986 and, 4.6–4.7

      • purpose of, 4.3

      • supplementary statements, 4, 13. See also specific statements

    • Ancillary activities, 2.45, 2.72, A3.37

    • Animal resources, 7.60, 7.62–7.63, 8.34–8.35

    • Annuity entitlements, 7.187–7.188, 9.62, A4.69

      • other changes in volume of assets, 10.71

    • Aquaculture, 7.48

    • Arrears

      • as balance sheet memorandum item, 7.247–7.250

      • as step in migration path, 1.38

      • as transactions in financial assets and liabilities, 9.20–9.23

      • changes in classification of, 10.84

      • definition of, 3.71, 7.247, 9.20, Table 4A.1

      • interest rate in calculating, 6.80

      • statistical recording of, 7.248–2.250, 7.266

      • time of recording repayment of debts in, 3.97

      • under financial derivative contracts, 7.226

      • valuation of, 7.250

    • Artificial subsidiaries of government, 2.42–2.44, 2.162, A3.55

    • Asset-backed securities

      • definition of 7.151

      • included in debt instruments, 7.143, A3.59

      • valuation of, 7.27, 7.154

    • Asset management companies. See Restructuring agencies

    • Assets

      • analytic framework, 1.34

      • appearance or disappearance of, 10.48–10.58

      • classification of, 4.43–4.44, 7.34, Table A8.3

      • definition of, 3.42–3.43, 7.6, 7.14–7.19

      • economic, 3.43, 4.43, 7.5–7.10

      • effect of external events on value of, 10.59–10.75

      • financial, 3.43, 3.48

      • leases as, A4.53-A4.57, Box A4.3

      • liquidity-related, 4.31

      • nationalization of, 9.55, Box 4.1

      • net presentation of, 3.143–3.151

      • nonfinancial, 3.43, 3.50

      • other changes in the volume of, 3.35, 4.10

      • other economic flows of, 3.31

      • ownership concepts and, 3.38–3.41, 7.5–7.13

      • permits recognized as, A4.46-A4.52

      • policy-related, Box 4.1, 4.30

      • privatization, 9.53–9.54

      • reclassification of institutional unit

        • resulting in change in value of, 10.76–10.79

      • reclassification of, 3.101–3.102, 10.80–10.84

      • rent versus sale of, A4.21, Box A4.1

      • shared, A4.36-A4.40

      • stock positions of, 3.1, 3.36

      • time of recording, 3.88–3.97

      • valuation of, 1.29, 3.107, 3.111–3.117, 7.20–7.33

      • See also Financial assets and liabilities; Fixed assets; Nonproduced assets

    B

    • Bad banks. See Restructuring agencies

    • Bailout operations, A3.42-A3.53

    • Bail, 5.144, 7.226

    • Balance of Payments and International Investment Position Manual (BPM6), 1.8, 1.35, 2.89, A3.52, A7.5

      • government finance statistics framework and, A7.73-A7.98

    • Balance sheet, Table 4.4, Table 7.1

      • accounting principles, 3.56

      • appearance or disappearance of existing economic assets from, 10.48–10.58

      • arrears in, 7.247–7.250

      • as condition to be a separate institutional unit, 2.126

      • classification of assets in, 4.43–4.44

      • classification of counterparties to financial relationships in, 7.264–7.265, Table 7.11

      • classification of debt liabilities and corresponding financial assets by maturity, 7.266–7.271, Table 7.12

      • classification of financial assets and liabilities in, 4.43–4.45, 7.118–7.227

      • classification of fixed assets in, 7.34–7.74, Tables 7.2–7.5

      • classification of nonfinancial assets in, 7.34–7.117, Table 7.2

      • classification of nonproduced assets in, 7.90–7.117, Table 7.2

      • concessional loans in, 7.246, A3.40

      • contingent assets and liabilities in, 7.13. See also balance sheet memorandum items

      • cost of ownership transfer, 8.42, Figure 8.1

      • definition of, 1.17, 3.56, 4.39, 7.1

      • deriving definitions of assets and liabilities for, 3.43, 7.6, 7.14–7.19

      • explicit contingent liabilities in, 7.13, 7.251–7.260

      • fiscal indicators available from, 7.2, 4.54

      • fundamental identity of, 3.54

      • gross debt in, 7.236–7.242

      • implicit obligations for future social security benefits in, 7.13, 7.261, 9.67

      • in analytic framework of GFSM 2014, 4.3, 4.6, 4.8, Figure 4.1, A7.21, A7.72

      • in government finance statistics framework, 1.30. See also balance sheet in analytic framework of GFSM 2014

      • in implementation of the GFS framework, 1.38

      • integration of, 1.20, 3.2, 7.2, 8.2, 9.2, A7.13

      • memorandum items, 3.49, 4.47, 7.142, 7.234–7.263, Table 7.10

      • net debt in, 7.243–7.245

      • net financial worth in, 7.235

      • net worth calculation in, 4.39, 7.228–7.333, A6.48, Figure 7.1, Table 4.4

      • nonperforming loan assets in, 7.262–7.263

      • ownership and asset boundary in, 7.5–7.13

      • purpose of, 7.2

      • recording of net worth in, 7.1

      • recording of PPP-related assets in, A4.61

      • recording of shared assets in, A4.37

      • recording of stock positions in, 3.36

      • time of recording/compilation, 3.57, 7.1, 7.37

      • valuation of assets and liabilities for, 3.107, 3.113, 7.20–7.33, 7.122

    • Balancing items

      • analytical significance of, 4.39, 4.53–4.55

      • consolidation and, 3.166

      • definition of, 3.142

      • in government finance statistics framework, 1.1, 1.11, 1.32, 3.151, 7.228

      • See also Financial Net Worth and Net worth

    • Banker’s acceptance, 7.145

    • Barter transactions, 3.19, 3.22, 3.88, 3.112, 3.125, 4.23–4.24, 4.35, 7.30

    • Below-the-line transactions, 4.53, Table 4A.1

    • Bills

      • as discounted financial instruments, 6.71, 9.40

      • banker’s acceptance of, 7.145

      • definition of, 7.144

      • holding gains or losses on, 10.29

      • types of, 7.144

      • valuation of, 7.27, 7.154

    • Biological resources

      • cultivated, 7.58–7.63, 8.34–8.36, Table 7.5

      • noncultivated, 7.101, 8.55, 10.52

    • Bonds

      • consolidation of, 3.152

      • definition of, 7.146–7.147

      • discounted, 6.71, 9.40

      • holding gains or losses on, 10.27

      • reclassified as equity, 3.97, 7.150, 9.21, 10.84

      • refinancing through, A3.14-A3.16

      • valuation of, 3.115–3.117, 7.27

    • Book value, 3.115, 6.146, 7.173

    • Brass plate companies, 2.15

    • Bridge banks. See Restructuring agencies

    • Budgetary and extrabudgetary government units, 2.41–2.42, 2.80–2.83, 2.87, 2.93, Figure 2.3

    • Build, own, operate, and transfer schemes, 7.39, A4.12, A4.58

    • Build, own and transfer schemes, A4.58

    • Buildings and structures

      • classification of, 7.41–7.51, Table 7.3

      • never put into service, 10.69

      • owned by nonresidents, 2.13

      • recording of transactions in, 8.28–8.32

      • time of recording, 7.37, 8.15

      • valuation of, 7.41, 7.45

      • See also Monuments

    C

    • Capital account, A7.18-A7.19, A7.63-A7.67, A7.76, A7.89-A7.92, Figure A7.1, Table A7.2

    • Capital claims

      • payable, 6.125, A4.79, A7.67, A7.92, Table 6.11

      • receivable, 5.151, A4.80, A7.67, A7.92, Table 5.12

    • Capital formation. See Own-account capital formation

    • Capital gains taxes. See Taxes on capital gains

    • Capital grants, 5.103, 6.94

    • Capital injections, 2.130, A3.43, A3.47-A3.53, Box 6.3, Figure A3.2

    • Capital levies, 5.52

    • Capital spending, Table 4A.1

    • Capital taxes, 5.25, 5.51, 6.124, A7.39, A7.67, Table 4A.1

    • Capital transfers

      • acquisition of PPP assets through, A4.65

      • capital injections as, 2.130, 9.66, A3.47, A3.49-A.53, Figure A3.1

      • current transfers and, 3.15, 3.18

      • debt assumption/forgiveness/ payment on behalf of others as A2.61-A2.62, A3.8, A3.25-A3.31

      • defining characteristics of, 3.15–3.16

      • equity versus, 9.52

      • in kind, 8.29

      • not elsewhere classified, 5.148, 6.124, Table 5.11, Table 6.10

      • other economic flows versus, 10.62, 10.72

      • subsidies versus, 6.85, 6.91, 8.12, 9.49

    • Captive financial institutions, 2.44, 2.54, 2.56, 2.121, 2.128

    • Cash balance, Table 4A.1

    • Cash basis of recording, 4.2

      • definition of, 3.67

      • in Statement of Sources and Uses of Cash, 3.103–3.106, 4.34, 5.11, 6.7

      • limitations of, 3.70–3.72

      • time of recording transactions, 3.60, 3.67

    • Cash transfers, 3.16, 3.18

    • Catastrophic loss of assets, 1.16, 3.128, 10.60–10.61

    • Central bank(s)

      • as financial intermediary, 2.55–2.56

      • as public financial corporation, 2.118–2.119, Figure 2.3

      • currency issued by, 7.135

      • dividends of, 5.114–5.116

      • gold as financial asset of, 7.126–7.130, 9.28

      • implicit subsidies/taxes of, 5.26, 5.70, 6.89, Box 6.2

      • implicit taxes from multiple exchange rates, 5.88

      • in monetary and currency unions, 2.21, 7.169, A5.32-A5.35

      • representative office as territorial enclave, 2.9

      • SDR allocations and holdings of, 7.133, A3.80, A3.87, A3.94

    • Central borrowing authority, 2.44

    • Central government public sector, 2.122

    • Central government subsector

      • definition, 2.85

      • institutional units of, 2.87–2.89

      • intrasectoral consolidation of, 3.155

      • recording monetary authority functions of, 2.89

      • responsibilities of, 2.85

      • significance of statistics from, 2.86

    • Chambers of commerce, 2.37, 6.42

    • Changes in net worth

      • as fiscal indicator, 4.40

      • due to holding gains or losses, 4.37

      • due to other changes in the volume of assets and liabilities, 4.38

      • due to other economic flows, 3.54, 4.36, 10.2

      • due to transactions, 1.15, 1.33

      • in Statement of Total Changes in Net Worth, 1.18, 4.14, 4.46, Table 4.5

    • Charities, 2.61, 6.123

    • Classification of Functions of Government (COFOG), 1.43

      • classification challenges in, 6.143–6.146

      • classification of administrative expenditures in, 6.144

      • classification of consumption of fixed capital in, 6.146–6.147

      • classification of shared expenditures in, 6.143

      • classification of subsidies in, 6.145

      • cross-classification of expenditures in, 6.148–6.149, Table 6A.2

      • definition of, 6.126

      • government finance statistical framework and, 6.127

      • individual versus collective goods and services distinguished in, 6.133–6.139

      • purpose of, 6.126

      • structure, 6.128–6.129, Table 6A.1

      • units of classification, 6.140–6.142

      • uses of, 6.130–6.132

    • COFOG. See Classification of Functions of Government

    • Collateralized debt obligations, 7.143, 7.151

    • Collective goods and services, 6.133–6.139

    • Commitments basis of recording, 3.61, 3.70–3.71

      • time of recording transactions, 3.65

    • Compensation of employees

      • arrears of, 7.247

      • as exchange type of transaction, 3.9

      • classified as expense, 4.24, 6.2, 6.9–6.11, Table 6.2

      • coverage in GFS versus 2008 SNA, 1.24

      • definition of, 6.9

      • employee benefits purchased by employee, 6.14

      • employer-employee relationship and, 6.9, 6.33–6.34, A2.40

      • employers’ social contributions, 6.19–6.26

      • expenses for use of goods and services versus, 6.33–6.36

      • imputed, 5.100, 5.140, 6.22

      • in accrual basis of recording, 6.10

      • in cash basis of recording, 6.10

      • in government finance statistics framework, 1.24

      • in kind, 5.140, 8.47, 9.78

      • reimbursements, 6.15, 6.36

      • social contributions. See Social contributions and Employers’ social contributions

      • wages and salaries, 6.12–6.18

    • Computer software and databases, 7.64–7.65, 7.69–7.71, 8.40, Table 7.5

    • Concessional lending (loans), A3.39-A3.41

      • as memorandum items, 7.246, 9.12, Table A8.3

      • by central banks, 5.70, 6.89, Box 6.2

      • description of, 3.123, 9.12, Table 4A.2

      • examples of, 3.123

      • from International Monetary Fund, A3.86-A3.88

      • loans at nominal value, 9.12

      • recorded as supplementary information, 3.123, 7.246, 9.12

      • to government employees, 6.17

    • Consolidation

      • balancing items and, 3.166

      • data discrepancies in process of, 3.165

      • definition of, 2.23, 3.153, 9.18

      • implementation of, 3.165–3.166

      • in financial statements according to accounting standards, 3.168, A6.13, A6.17

      • in System of National Accounts 2008, 2.22, 3.53, 3.167

      • intersectoral, 3.156, 3.157

      • intrasectoral, 3.155, 3.157

      • major transactions subject to, 3.162–3.164, 5.22, 6.8, 6.20

      • of transactions in financial assets, 3.163–3.164, 9.19

      • principles/conceptual guidelines of, 3.161

      • process of, 3.152, 9.18

      • purpose/reasons for, 3.152, 3.158–3.160

      • types of consolidation, 3.154

      • types of transaction not subject to, 3.161

    • Constructs of society, 7.19, 7.90, 7.104

    • Consumers’ associations, 2.61

    • Consumption of fixed capital

      • as expense, 4.24, 6.53, 8.18

      • as part of production cost, 2.74, 6.2

      • calculation of, 6.55–6.56, 6.59, Box 6.1

      • cash flows and, 6.61

      • change in volume of assets versus, 6.58

      • classification of, Table 6.4

      • cost of ownership transfer as, 6.60, Figure 8.1

      • decline in value of fixed assets due to deterioration as, 8.18, 10.8

      • definition of, 6.53

      • depreciation versus, 6.54, A6.54

      • excluded events, 6.58

      • gross operating balance and, 4.20

      • in calculation of holding gains, 10.8, 10.13–10.14

      • in Classification of Functions of Government, 6.146–6.147

      • in government finance statistics framework, 4.20, A6.54

      • in System of National Accounts 2008, 6.53

      • losses of fixed assets as, 6.57

      • time recording of, 3.90, 6.61, 8.16

    • Contingent liabilities

      • as memorandum items, 7.251–7.261, Table 7.10, Table A8.3

      • classification of explicit, 7.254, Table 4.6

      • definition of, 4.47, 7.251, Table 4A.1

      • explicit versus implicit, 7.252

      • guarantees and, 7.253, 7.256

      • in macroeconomic statistics, 7.253, Figure 7.2

      • liabilities and, 7.251

      • recording of, 4.15, A2.38

      • statements in government finance statistics framework, 1.19, 4.13–4.15, 4.47, Table 4.6

      • See also Summary Statement of Explicit Continent Liabilities and Net Obligations for Future Social Security Benefits

    • Contractors, 6.33

    • Contracts, leases, and licenses

      • as assets/nonfinancial assets, 7.17, 7.105–7.106, 8.56–8.57, A4.53-A4.57, Box A4.3, Table 7.2

      • financial derivatives versus, 7.207

      • for use of natural resources, A4.19, Figure A4.1

      • recording changes in value of, 10.49, 10.53, Table 10.2

      • recording transactions in, A4.2-A4.3

      • types of, 7.107, 8.57, Table 7.8. See also specific type

        • See also Leases

    • Conversion, currency, 3.130, 3.132–3.133

    • Conversion, debt, A3.5, A3.20-A3.23

    • Corporations

      • defining characteristics of, as institutional unit, 2.31–2.35

      • distributable income of, 5.111–5.116

      • financial, 2.53–2.57, Figure 2.2

      • government control of, 2.107, Box 2.2

      • imputation system of taxing, 5.44

      • income taxes, 5.41–5.44

      • market producers as, 2.65–2.69

      • nonfinancial, 2.52, Figure 2.2

      • quasi, 2.125

      • restructuring. See Restructuring agencies

      • See also Public corporations

    • Counterparty information and

      • classification, 2.6, 2.23, 3.165, 7.264–7.265, A6.41, Table 3.1, Table 7.11, Table A8.4

    • Credit derivatives, 7.207, 7.218

    • Credit guarantees, 7.259, 9.57, A4.72

    • Cultivated biological resources, 7.58–7.63, 8.34–8.36, Table 7.5

    • Cultural clubs, 2.61

    • Currency

      • classification of, 7.135–7.136, 9.33–9.34 consolidated statistical presentation, 3.164

      • conversion, 3.119, 3.132–3.133, 7.23, 7.136, 9.11

      • definition of, 4.33, 7.135

      • domestic versus foreign, 3.134–3.136, 6.78, 7.136

      • holding gains and losses on, 10.23

      • monetary/nonmonetary transactions expressed in, 3.8, 3.19

      • of denomination, 3.131, 3.137–3.139

      • of settlement, 3.131, 3.137–3.139

      • production/issuance of, 6.48, 9.34

      • swap contracts, 7.215

      • union, A5.34

      • unit of account, 3.130

      • volume changes, 10.61

    • Currency boards, 2.17, 2.118

    • Currency union central bank, 2.21, 7.169, A5.35. See also Monetary and currency unions

    • Current accounts, A7.13, A7.23-A7.61, A7.77-A7.88, Table A7.2

    • Current grants, 5.103–5.104, 6.94, A5.13

    • Current transfers, 3.15, 3.17–3.18

      • not elsewhere classified, 5.147, 6.123

    • Customs duties, 5.84

      • collection and allocation in customs union, A5.7-A5.18

    • Customs unions

      • administrative structures for collection of duties in, A5.8

      • as international/regional organization, 2.17, A5.5

      • definition of, A5.6

      • recording of collection fees in, A5.9

      • recording of customs duties in, A5.7-A5.18

      • See also Regional organizations

    • Cyclically adjusted balances, 4.58, Table 4A.2

    D

    • Debentures, 7.146

    • Debit entry, 3.54–3.55

    • Debt

      • arising from off-market swaps, A3.67-A3.71

      • arising from securitization, A3.59-A3.66

      • arrears of, 3.71, 6.80, 7.247–7.250, 9.20–9.23

      • assumption, 5.148, A3.26-A3.29

      • bailout operations and, A3.42-A3.53

      • cancellation, 5.148, 6.91, 6.124, A3.7

      • classification by counterparty, 10.79

      • classification by maturity, 7.266–7.271, 9.88

      • classification codes, Table A8.5

      • comparability across member states in economic or monetary union, A5.44

      • concessional debt, 3.123, 7.246, 9.12

      • defeasance, A3.37-A3.38

      • definition, A7.236

      • fiscal indicators, 1.3, 1.13, Table 4A.1

      • forgiveness, 4.35, A3.7-A3.9

      • gross and net, 3.150, 4.54–4.55, 7.236–7.245, Table 7.10

      • guarantees. See Contingent liabilities

      • nonperforming. See Nonperforming loans

      • of special purpose entities, A3.54-A3.58

      • on-lending of, A3.72-A3.78

      • payment on behalf of others, A3.30-A3.31

      • securities. See Debt securities

      • sinking fund for redemption of, 2.144

      • statistics, 1.8, 3.137

      • time of recording, 3.93, 3.97, 9.13

      • valuation, 1.29, 3.113–3.117, 7.27–7.30

      • with the IMF, A3.79-A3.95

      • write-offs/write-downs, 10.57, A3.32-A3.34

      • See also Debt instruments; Debt reorganization; Debt securities

    • Debt instruments, 7.15

      • classification of, 7.236–7.237, Table A8.5

      • definition of, 7.236

      • dematerializing of, A7.103

      • financial assets corresponding to, 7.243

      • grace periods 6.69

      • included in financial claims, 3.47, 7.15

      • maturity of, 7.266, 9.88, Table 7.12, Table A8.5

      • new money facility, A3.35-A3.36

      • nominal value of, 7.21

      • types of, 7.236

      • valuation of, 7.26–7.30, 7.122, 7.238

      • on which no interest accrues, 3.118, 10.45

      • See also Debt; Debt reorganization; Debt securities

    • Debt reorganization

      • by assumption or payments on behalf of others, A3.5, A3.26-A3.31, Figure A3.1

      • by conversion or prepayment, A3.5, A3.20-A3.25

      • by forgiveness, A3.5, A3.7-A3.9

      • by rescheduling or refinancing, A3.5, A3.10-A3.19

      • definition of, A3.2

      • reason for, A3.3

      • types of, A3.4-A3.6

    • Debt securities

      • accrual of interest on, 9.36, 10.8

      • arrears on, 9.21

      • changes in classification, 10.84

      • changes in value due to interest or exchange rate changes, 10.26

      • classification of, 7.143–7.156, 9.36–9.43

      • consolidated statistical presentation, 3.163–3.164

      • definition of, 7.143

      • gross presentation of, 3.150

      • index-linked, 6.75–6.78, 9.41–9.42, 10.28

      • interest on, 6.62–6.83

      • issued at discount or premium, 9.40, 10.8, 10.25

      • issued at par, 9.39

      • recording holding gains and losses on, 10.24–10.29

      • securitization of, A3.59-A3.66

      • time of recording transactions in, 3.93

      • valuation of, 1.29, 3.117, 7.27, 7.154–7.156

      • with embedded derivatives, 7.148, 9.43

    • Deep-discount bonds, 6.72, 7.146–7.147

    • Defeasance, 2.129, 9.26, A3.37-A3.38, A3.46

    • Deposit guarantee/insurance schemes, 2.132–2.135, 7.202, 9.57. See also Financial protection schemes

    • Depository receipts, 7.166–7.167

    • Deposits

      • classification of, 7.137–7.142, 9.33–9.35

      • definition of, 4.33, 7.137

      • denominated in gold, 7.126

      • mineral, 4.10, 5.129–5.130, 6.55, 7.9, 7.19, 7.68, 7.97, 8.32, 8.54, 10.52

      • prepayments versus, 7.226

      • transferable versus nontransferable, 7.140

      • valuation, 7.142, 10.23

    • Deposit-taking corporations, 2.54–2.56, 7.137

      • public sector, 2.117–2.120, Figure 2.3, Table 7.11

    • Depreciation, 6.54, 6.146, A6.29, A6.54-A6.55

    • Derivatives, embedded, 7.148, 7.207

      • debt securities with, 6.79, 9.43

    • Derivatives, financial

      • changes in classification of, 10.84

      • classification of, 4.28, 9.70–9.76

      • contracts requiring ongoing servicing, 9.74

      • credit derivatives, 7.218

      • debt component of off-market swaps, A3.67-A3.71

      • debt instruments versus, 7.15, 7.119

      • definition of, 7.204

      • forward-type contracts, 7.210, 7.212–7.214

      • holding gains or losses on, 10.42

      • interest versus settlement payments, 6.63

      • margins, 7.219–7.220, 9.75

      • offsetability, 7.205

      • option contracts, 7.209–7.211

      • sales in secondary markets, 9.73

      • settlement, 9.76

      • swap contracts, 7.215–7.217

      • types of financial derivatives, 7.208

      • valuation of, 7.204, 9.73

    • Derived measures, 3.140–3.142, 3.161

    • Design, build, operate, and transfer schemes, A4.58

    • Development funds, 2.160–2.162

    • Development spending, Table 4A.2

    • Diplomatic, 2.9

    • Direct taxes, 5.9, Table 4A.1

    • Discounted debt securities, 6.71–6.73, 9.40

    • Dissemination of data, good practices in, 1.39, 3.52

    • Distributable income, 5.116, 5.118, 5.134, 6.111, 6.121

    • Dividends

      • classification of, 5.107, 5.113, 6.108, 9.49, Table 5.9, Table 6.9

      • definition of, 5.111, 6.109

      • disproportionately large (“super”), 5.64–5.66, 5.115–5.116, 6.110, 9.49

      • distributed to investment fund shareholders, 5.121

      • distribution of profits versus, 5.114

      • economic benefits, 3.37, 7.7

      • income tax on, 5.41, 5.44

      • interim payment, 5.117

      • lump-sum payments, 5.90

      • schedule and size of, 5.115–5.117, 6.110

      • time of recording transactions, 3.87, 5.112, 6.109

    • Domestic bank financing, Table 4A.1

    • Domestic financing, Table 4A.1

    • Domestic nonbank financing, Table 4A.1

    • Domestic versus foreign currency, 3.134–3.136

    • Double-entry, 3.54, 3.56, A7.13

    • Due-for-payment basis of recording, 3.61, 3.66, 3.70–3.71, 3.73

    • Dwellings, 7.44–7.45, Table 7.3

    E

    • Economic assets, 3.35, 3.37, 3.43, 3.50, 4.25, 4.38, 4.43, 7.6–7.10, 7.12, 10.5, 10.48

    • Economic benefits derived from assets, 3.37

    • Economic flows. See flows

    • Economic ownership, 2.143, 3.38–3.41, 3.60, 3.62, 3.88, 3.93, 3.100, 7.5, 7.37, 7.109, 9.13–9.14, 9.45, A4.4, A4.16, A4.21, A4.23, A4.33, A4.62-A4.65, Box A4.4, Box A4.5

    • Economic territory

      • definition and scope of, 2.8–2.12

      • land and buildings in extraterritorial enclaves, 2.13

      • of economic union, A5.24

      • of international organizations, 2.16

      • residence criteria and, 2.2, 2.7

    • Economic unions

      • budget authority in, A5.22

      • common budget versus member state budgets in, A5.23

      • definition of, A5.5, A5.19

      • economic territory of, A5.24

      • expenses of, A5.29-A5.30

      • goals of, A5.20

      • grants payable/receivable, A5.23

      • harmonization for government finance statistics, A5.31, A5.41-A5.44, Box A5.1

      • legal and economic characteristics of, A5.19

      • member government units acting as agents of, A5.30

      • recording transactions related to, A5.26-A5.31

      • residence of, 2.17, A5.24-A5.25

      • revenues of common budget in, A5.20, A5.26-A5.28

      • scope of policy harmonization in, A5.21

      • See also Regional organizations

    • Economically significant prices, 2.32–2.33, 2.37, 2.65–2.75, 2.114, 10.77

    • Electromagnetic spectrum, 7.12, 7.103, 10.52, A4.23

    • Employee stock options

      • cancellation of, 10.57

      • classification of, 7.221, 9.77–9.81

      • definition of, 7.221

      • financial claims/instruments as, 3.47, 4.28, 7.15

      • granted to suppliers, 7.222

      • holding gains or losses on, 10.43

      • issued by parent company to employee in subsidiaries, 9.81

      • valuation of, 7.223

    • Employer-based social insurance schemes, 5.98–5.100

    • Employer-employee relationship, 6.9, 6.33–6.34, A2.40

    • Employment-related pensions, 2.102, 2.147, 4.48, 4.50, 5.94, 6.21, 6.26, 7.189–7.198, A2.21, A2.24, A2.41-A2.43, Figure A2.1, Figure A2.2

    • Employment-related social benefits, 4.48, 6.16, 6.97, 6.104–6.106, 7.195, A2.22-A2.24, Table 6.8, Figure A2.1

    • Employment-related social insurance, A2.18, A2.23, A2.40, Figure A2.1, Figure A2.2

    • Enterprise(s), 2.25

    • Entertainment, literary, and artistic

      • originals, 7.64, 7.72, 8.37, 8.41, Table 7.5

    • Entitlements

      • employment-related pension, 2.102, 5.95, 5.116, 7.189, 9.63, 10.36, 10.41, 10.72

      • life insurance and annuities, 9.62, 10.71

      • payments as transfer transactions, 3.12

      • social benefit, 6.22, A2.38

      • to future goods and services, 7.112, A4.51-A4.52

    • Environmental-economic accounting, A7.105-A7.134

    • Environmental groups, 2.61

    • Environmental taxes, A7.115-A7.121, Tables 5.2–5.5

    • Equity

      • as assets of general government, 2.48, 2.59

      • capital injections resulting in, A3.47-A3.49, Figure A3.2, A3.53, A4.40

      • classification of, 7.166–7.170, 9.47–9.55

      • consolidation of, 3.164

      • conversions, 7.150, 9.43, 10.84

      • debt assumption resulting in, A3.28, Figure A3.1

      • debt-for-equity swaps, A3.5, A3.21, A3.23

      • defining features of, 7.164, 7.165

      • evidence of ownership, 7.166

      • financial claims/instruments, 3.49, 4.28, 7.15, Box 6.3

      • holding gains or losses on, 10.30–10.33

      • liabilities of general government, 2.47

      • membership fees as, 6.42

      • net worth versus, 4.40, 7.173, 7.228–7.229, A6.48, Figure 7.1

      • nonprofit institutional units, 2.37

      • notional resident units, 2.13

      • own funds versus, 7.231–7.232

      • policy lending, 4.30, Box 4.1

      • property income on, 5.90, 5.111, 6.109

      • reclassification of assets into, 10.77, 10.84

      • recorded according to accounting standards, A6.32-A6.33, A6.48-A6.49

      • special purpose entities, A3.56-A3.57

      • valuation of, 7.166, 7.171–7.173, 7.233

      • withdrawals of, 5.90, 5.115, 6.112

    • Establishment(s), 2.24, 2.34, 2.75, 2.98, 2.124, 2.127

    • Estate taxes, 5.51

    • European Union, A5.20, Box A5.1

    • Exchange rates

      • changes in value of securities due to changes in, 10.1, 10.26

      • government finance accounting rules, 3.132–3.133

      • holding gains or losses from changes in, 3.33, 10.44, A7.95

      • multiple rate regimes, 5.89

      • role in credit derivatives, 7.218

      • subsidies in official system of, 6.89

      • taxes on exchange transactions and profits, 5.88–5.91

      • use of, in recording currency swaps, 7.216

      • valuation of transactions expressed in foreign currency, 3.119, 9.11, 9.33

    • Exchanges

      • as determinant of market prices, 3.108

      • as monetary transaction, 3.9

      • combined with transfers, 3.11, 3.123

      • of financial assets and liabilities, 3.44, 5.8, 6.5, 7.119, 9.3, A3.5

    • Excise taxes, 5.55, 5.57, 5.62, 5.71, 5.84, 5.96

    • Ex-dividend shares, 3.87, 5.112, 6.109, 10.32

    • Expenditure, 3.7, 4.21, 4.53, 5.28, 6.32, Table 4.1, Table 4.2, Table 4A.1

    • Expense

      • accounting rules for recording, 3.55–3.56

      • accrued expense versus cash flow expense, 4.35

      • classification of, 1.21, 6.1–6.3, 6.8, 6.126, Table 4.2, Table 4.2, Table 6.1, Table A8.2, Table A8.6. See also Classification of Functions of Government (COFOG)

      • collection fees as, 5.35

      • consolidation of, 3.162, 3.165

      • definition of, 4.16, 4.24, 6.1

      • excluded transactions, 4.24, 5.44, 6.5

      • fiscal indicators using, 4.53, 4.55, 4.57, Table 4A.1, Table 4A.2

      • gross/net recording of, 3.143–3.151

      • in government finance statistics framework, 1.33, 4.16, Figure 4.1

      • major types of, 4.24

      • of regional organizations, A5.29-A5.30

      • payable tax credits as, 5.31

      • refunds of, 6.4

      • time of recording of, 3.77–3.92, 3.104, 6.6–6.7

      • valuation of, 3.107–3.112

      • See also respective categories of expense such as Compensation of employees; Interest expense; Property expense

    • Export taxes, 5.85. See also Taxes on exports

    • Extrabudgetary units, 2.41–2.44, 2.80, 2.82–2.83, 2.87, 2.93, Figure 2.3

    F

    • Face value, 3.115, 3.117, 7.144, A3.16

      • gross debt at, 7.238, 7.242, Table 7.10

    • Fair value, 3.115, 7.142, 7.163, 7.204, 7.223, 7.262, 9.55, A3.52, A4.12, A6.27-A6.30, Box A6.1, Table 7.10

    • Fees and licenses

      • classification of revenue from, 5.138

      • for business operations, 5.81, A4.42

      • for financial protection schemes, 2.135

      • for goods and services, 5.136, 6.30

      • not commensurate with the control function of government, 5.72

      • other taxes on use of goods and permission to use goods or perform activities, 5.81

      • standardized guarantee schemes, 5.149, 6.125, 9.57

      • taxes versus, 5.73–5.75

    • Financial account, A7.68-A7.69, A7.93-A7.94, Figure A7.1, Table A7.2

    • Financial assets and liabilities

      • accounting identity, 9.2

      • arrears of, 9.20–9.23

      • changes in classification of, 9.35, 10.84

      • changes in volume of, 10.57, 10.63

      • classification according to counterparties, 7.264–7.265, 9.86–9.87, Table 9.2

      • classification by maturity, 7.266–7.271, Table 7.12

      • classification of, 4.26–4.31, 7.118–7.124, 7.264–7.265, 9.24−9.27, Table 4.1, Table 4.2, Table 7.9, Table 7.11, Table 9.1

      • consolidation of transactions in, 9.18–9.19

      • currency and deposits, 7.135–7.142, 9.33–9.35

      • debt securities, 7.143–7.156, 9.36–9.43

      • definition and scope of, 3.43–3.48, 7.15–7.16

      • employee stock options, 7.203, 7.221–7.223, 9.77–9.81

      • equity, 7.164–7.173, 9.47–9.55

      • financial derivatives contracts, 7.203–7.220, 9.70–9.76

      • holding gains and losses for, with fixed monetary values, 10.23

      • insurance, pension, and standardized guarantee schemes, 7.178–7.202, 9.57–9.69

      • investment fund shares, 7.164, 7.174–7.177, 9.56

      • liquidity, 2.55, 4.31, 7.118, 7.124, 7.266

      • loans, 7.157–7.163, 9.44–9.46

      • monetary gold, 7.126–7.130, 9.28–9.30

      • net debt calculation, 7.243

      • net lending/net borrowing equal to transactions in, 9.5

      • net presentation of transaction in, 9.17, Table 9.1

      • other accounts receivable/payable, 7.224–7.227, 9.82–9.84

      • public policy-related, 4.29–4.30, Box 4.1

      • recording of transactions in Statement of Operations, 4.26–4.31

      • special drawing rights, 7.131–7.134, 9.31–9.32

      • time of recording transactions in, 3.93–3.97, 9.13–9.16

      • types of financial instruments included in, 9.24–9.27. See also the respective type of instruments

      • types of transactions in, 9.3–9.4

      • valuation of transactions in, 9.7–9.12

    • Financial auxiliaries, 2.54, 2.121

    • Financial claims

      • definition of, 3.47, 7.15. See also specific type of claims

      • termination of, 9.3

    • Financial corporations

      • bailout operations, A3.42-A3.53

      • institutional sector for, 2.50, 2.53–2.57, Figure 2.1, Figure 2.2

      • pension funds, autonomous, A2.47-A2.52

      • public sector, 2.115–2.121, Figure 2.2, Figure 2.3

      • restructuring agencies as, 2.130–2.131

      • types of/classes of, 2.54

    • Financial derivatives. See Derivatives, financial

    • Financial intermediaries

      • central bank as, 2.118

      • definition of, 2.54

      • functions of, 2.54

      • interest expense payable to, 6.81

      • subsectors of, 2.55

    • Financial intermediation services indirectly measured (FISIM), 5.108, 6.52, 6.62, 6.81, A7.28, A7.29, Table 5.8, Table 6.5, Table A7.1

    • Financial leases, A4.4, A4.10-A4.15, A4.55

      • definition of, 7.158, A4.10

      • fixed assets acquired under, 7.38

      • operating leases versus, 6.50, A4.37

      • time of recording, 8.17

    • Financial net worth. See Net financial worth

    • Financial protection/deposit insurance schemes, 2.132–2.135, 5.74, 5.138, A4.72

    • Financial services fees, 6.52. See also Financial intermediation services indirectly measured (FISIM)

    • Financing indicators, Table 4A.1

    • Financing transactions, in Statement of Operations, 4.26–4.31, Table 4.1, Table 4.2. See also Transactions in financial assets and liabilities

    • Fines and penalties

      • classification of, as expense, 6.123

      • classification of, as revenue, 5.6, 5.143–5.144

      • definition of, 5.142

      • on taxes, 5.24, 5.143

      • related to environmental-economic activities, A7.124

      • time of recording, 3.85, 5.144

    • Finished goods, 7.83, 8.47, Table 7.6

    • Fiscal analysis

      • role of GFSM 2014 in, 1.3

      • use of government finance statistics framework for, 1.10–1.13, 4.51–4.60, Table 4A.1, Table 4A.2

      • See also Analytic framework of government finance statistics

    • Fiscal balance analysis, 4.53, Table 4A.1

    • Fiscal burden, 5.9, Table 4A.1

    • Fiscal impulse, Table 4A.2

    • Fiscal policy

      • definition of, 1.2

      • government entities in execution of, 2.1

      • role of central government subsector in, 2.86

      • role of GFSM 2014 in analysis of, 1.2

    • Fiscal stabilization funds, 2.160–2.162

    • Fishing quotes/permits/licenses, A4.30-A4.31

    • Fixed assets, 7.35–7.74

      • acquired under financial lease, 7.38, 8.17

      • biological resources. See Cultivated biological resources

      • buildings and structures, 7.41–7.51, 8.28–8.32, Table 7.3

      • classification of other, 7.58–7.73, Table 7.5

      • classification of, 7.35, Table 7.2

      • component of produced assets, 7.18

      • constructed on own account, 7.37, 8.9

      • costs of ownership transfer, 6.60, 8.7, 8.42, 10.68, Figure 8.1

      • cultivated biological resources, 7.58–7.63, 8.34–8.36, 8.47, Table 7.5

      • definition of, 7.18, 7.35

      • deterioration of, 10.65

      • holding gains and losses on, 10.13

      • intellectual property products, 6.46–6.47, 7.64–7.73, 8.37–8.41, Table 7.5

      • machinery and equipment, 6.43, 6.49, 7.52–7.57, 8.33, Table 7.4

      • maintenance and repair expenses, 6.45, 8.25–8.27

      • other changes in volume of, 10.63–10.69

      • ownership of, 7.37–7.39

      • recording of transactions in, 8.24–8.43

      • revalued stock position for PIM, Box 6.1

      • time of recording of phased production of, 7.37

      • valuation, 7.36, 8.9, 8.24

      • weapons systems, 6.49, 7.74, 8.43

    • Fixed capital consumption. See Consumption of fixed capital

    • Float, 9.14

    • Flows

      • basis of recording, 1.27–1.28, 3.60, 3.67

      • classification of, 1.21, Table A8.3

      • consolidation, 9.18–9.19

      • definition of, 3.4

      • double-entry recording of, 3.54

      • expressed in foreign currencies, 3.119–3.129

      • illustrative recording of flows related to nonlife insurance or standardized guarantees, A4.79-A4.80

      • illustrative recording of flows related to social protection, Table, A2.1, Table A2.2, Table A2.3, Table A2.4

      • in government finance statistics framework, 1.15, 1.21, 1.27, 1.31, 3.1

      • in regional arrangements, A5.3

      • in structure of analytic framework, 3.1, 4.8, Table 4.1

      • integration of stock positions and, 1.31, 3.2

      • netting of, 3.143–3.151, 9.17

      • of special purpose entities, 2.138–2.139

      • time of recording. See Time of recording economic flows

      • types of, 1.15, 3.4, Figure 4.1

      • unit of account, 3.51, 3.130–3.131

      • valuation of, 1.29, 3.107, 3.115–3.129

      • See also Other economic flows; Transactions

    • Foreign direct investment, reinvested earnings, 5.134–135, 6.121, 9.50, 10.34

    • Foreign financing, Table 4A.1

    • Forfeits, 5.142–5.144

    • Forgiveness, debt, 3.16, 4.35, 7.30, A3.5, A3.7-A3.9

    • Forward-type contracts, 7.208, 7.210, 7.212–7.214, 7.218, 9.71

    • Free trade zones, 2.11, A5.6, A5.19

    • Functional classification of government, 1.21, 6.3, Table 6A.1

      • COFOG system for, 6.126–6.132

      • detailed functions of government, 6.150

      • economic function cross-classified with, 6.148–6.149, Table 6A.2

      • See also Classification of Functions of Government (COFOG)

    • Futures contracts, 7.213

    G

    • Gambling winnings, 3.46, 5.41–5.42, 5.63, 5.66–5.68

    • General government sector

      • comprise of, 2.58–2.59

      • coverage of the GFS framework, 1.26, 2.4, 4.7

      • decision tree for classification of entities in, 2.124, Figure 2.4

      • definition and scope of, 1.2, 2.58, 2.76, 4.7

      • delineation with public corporations, 2.64, A5.42, A6.14

      • economic functions of, 2.38

      • institutional units of, 2.58, 2.64

      • international comparison of subsector statistics, 2.77, A5.42

      • plus central bank, as public sector grouping, 2.122

      • reclassification of assets and liabilities of, 10.80–10.84

      • reclassification of units to or from, 10.76–10.79

      • relation to other institutional sectors, 2.122, Figure 2.1, Figure 2.2

      • residence of units of, 2.14

      • scope of government finance statistics framework for reporting on, 1.26

      • subsectors of, 2.62, 2.76–2.103, 3.153

      • transfer transactions typical in, 3.10

      • types of expense in, 6.1

      • types of revenue in, 5.1

      • types of transactions in financial assets and liabilities in, 9.85

      • uses of government finance statistics framework in analysis of, 1.10–1.13

    • General taxes on goods and services, 5.57–5.61, Table 5.3

    • Geographical area, 2.8, 2.90, 2.95

    • GFSM 2014. See Government Finance Statistics Manual 2014

    • Gift taxes, 3.81, 5.51

    • Gold

      • allocated accounts, 7.126–7.128, 10.84

      • as financial asset, 3.43, 3.48

      • as financial claim, 3.47, 7.15

      • as financial instrument, 4.28

      • as remuneration to IMF member countries, A3.89

      • bullion, 3.43, 7.15–7.16, 7.126, 7.128

      • changes in classification of, 10.84

      • deposits, 7.139, 9.35

      • holding gains and losses, 3.127, 5.90, 10.21, 10.23

      • international investment position, A7.96

      • monetary, classification of, 3.47, 7.126–7.130, 7.244, 9.28–9.29

      • nonmonetary, 7.88, 7.135, 8.47–8.48, 9.30, 9.34

      • reclassification of, 10.84

      • recorded as foreign currency, 3.135

      • swaps, 7.161, 9.46

      • unallocated accounts, 7.127, 7.139

    • Golden shares, Box 2.2

    • Goods for resale, 6.29, 6.44, 7.75, 7.84–7.85, 8.47, Table 7.6

    • Goodwill and marketing assets, 7.17, 7.31, 7.104, 7.113–7.117, 8.56, 8.58, 10.49, 10.54–10.56, Table 7.8

    • Government

      • asset ownership/use of, 7.11–7.12

      • definition and scope of, 2.1

      • employees of, 6.9

      • entities of, 2.1. See also General Government Sector; Government units; Public corporations

      • final consumption expenditure, A7.55-A7.60, Table 4A.1

      • residence of entities of, 2.14

    • Government finance statistics framework, 1.1

      • advantages of accrual basis of recording in, 3.70

      • aggregates in, 3.141

      • Balance of Payments and International Investment Position Manual and, A7.73-A7.98

      • balance sheets in, 1.30, 7.1–7.3

      • balancing items in, 1.32–1.34, 3.140

      • basis of recording economic events in, 1.27–1.28, 3.61–3.75, 4.3

      • classification codes, A8.1-A8.7, Figure A8.1, Table A8.1, Table A8.2, Table A8.3, Table A8.4, Table A8.5, Table A8.6

      • classification of, 3.7

      • COFOG and, 6.126–6.127

      • coverage of, 1.26, 2.1–2.4, 3.53

      • differences in institutional and economic structures of countries and, 1.5, 1.36–1.39, A7.2

      • fiscal indicators available from, 4.51–4.60, Table 4A.1, Table 4A.2

      • harmonization of, 1.13, 1.22, 1.35, A5.1

      • implementation of, 1.5, 1.36–1.39

      • integration of, 3.2

      • International Public Sector Accounting Standards and, A6.1-A6.56, Box A6.1

      • Monetary and Financial Statistics Manual and, A7.99-A7.104

      • Objectives of accounting versus, A6.11-A6.12

      • purpose of, 4.1, 4.5, A7.3

      • structure and features of, 1.14–1.24, 4.8–4.15

      • System of Environmental-Economic Accounting Central Framework and, A7.105-A7.134

      • System of National Accounts 2008 and, 1.22–1.24, 3.6, A7.13-A7.72, Tables A7.1-A7.5

      • uses of, 1.10–1.13, 4.51, A5.36-A5.40

      • valuation in, 1.29, 3.107–3.117, A6.25-A6.30

      • See also Analytic framework of government finance statistics

      • Government Finance Statistics Manual 1986 (GFSM 1986), 1.6–1.7, 1.35, 4.2, 4.6

      • GFSM 2014 and, 1.25–1.34, A1.164-A1.186

      • Government Finance Statistics Manual 2001 (GFSM 2001), 1.7–1.8, A1.1-A1.162

      • Government Finance Statistics Manual 2014 (GFSM 2014)

      • additions and changes from previous editions in, 1.8–1.9, 1.25–1.345, A1.1-A1.162

      • evolution of, 1.6–1.9

      • harmonization, 1.1, 1.8–1.9, 1.35, A1.1, A1.187

      • preparation of, 1.8–1.9

      • purpose of, 1.1–1.5

      • revision process, 1.8

      • structure of, 1.40–1.44

      • supplemental practical guidelines, 1.1

      • See also Government finance statistics framework

      • Government Finance Statistics Yearbook, 1.6, 4.51

      • Government-owned enterprises

      • as government units, 2.47

      • examples of, 2.1

      • nonresident, 2.20, 2.57

      • See also Public corporations

    • Government production activities, 1.22

    • Government units

      • accountable to two levels of government, 2.79, 2.99, Box 2.1

      • ancillary activities supplied to, 2.45, 2.72

      • artificial subsidiaries, 2.42–2.44, 2.162

      • as legal or social entities, 2.30, 2.47

      • as nonmarket producers, 2.32, 2.37, 2.41, 2.58–2.59

      • as recipients of subsidies, 6.86

      • budgetary and extrabudgetary, 2.80–2.82

      • classification of revenue from sales of goods and services by, 5.136, 5.141

      • definition of, 2.38

      • dividend payments to or from, 5.113

      • economic functions of, 2.38

      • establishments as, 2.24

      • geographic location of, 2.40

      • identification of, 2.39–2.47, 2.64–2.75

      • in control of public corporations, 2.107–2.112, Box 2.2

      • market producers versus, 2.24, 2.35, 2.64–2.75, 2.48, 2.63–2.64, 2.104. See also Public corporations

      • net worth of, 7.229

      • privatization of, 9.54

      • public sector, 2.4, 2.63, Figure 2.3

      • relationships between, 2.47

      • rent from lands/subsoil assets owned by, 5.126–5.130

      • residence of, 2.14

      • sector classification of, 1.2, 2.38, 2.76–2.84

      • social protection programs and, 2.46, 2.100–2.101

      • tax attribution principles, 5.33–5.40

      • taxes payable by, 5.42

      • types of expense, 3.1, 6.1–6.2

      • types of revenue in, 3.13, 5.1

      • See also General government sector

    • Grants

      • as transfer transactions, 3.10

      • between general government units, 2.82, 2.95, 5.102, 6.93

      • capital, 5.103, 6.94

      • claims settlement and, 5.105

      • classification of, 5.5, 5.101–5.104, 6.92–6.94, Table 5.7, Table 6.7

      • consolidated statistical presentation, 3.153, 3.162, 5.5, 5.102

      • current, 5.103, 6.94

      • definition of, 5.5, 5.101, 6.92

      • distributed in regional arrangements, A5.8-A5.18, A5.23

      • in kind, 5.104, 6.92, 6.95

      • sources/recipients of, 5.102, 6.93

      • time of recording of, 3.86, 5.16, 5.105

      • valuation of, 3.108, 3.123, 5.104

    • Gross capital formation, A7.54, Table 4A.1

    • Gross debt

      • analysis of, 4.55

      • as memorandum item to balance sheet, 7.236–7.242, Table 7.10

      • at market value, 7.240

      • at nominal value, 7.241

      • definition of, 7.236, Table 4A.1

      • face value, 7.241

      • valuation of, 7.154, 7.239–7.242

    • Gross debt sustainability, 4.55, Table 4A.1

    • Gross financing needs, Table 4A.2

    • Gross fixed capital formation, Table 4A.1

    • Gross investment in nonfinancial assets, 8.4, Table 4.1, Table 4.2, Table 4A.1

    • Gross operating balance, 4.20, Table 4.1, Table 4A.1

    • Gross saving, A7.54, Table 4A.1

    • Guarantees

      • classification of, 3.49

      • contingent liabilities and, 7.253, Figure 7.2

      • control established through, Box 2.2

      • in the GFS framework, 3.49, 4.15, Table 4.6

      • one-off, 7.255–7.260

      • risks associated with, 1.4, 1.19, 2.71

      • standardized schemes. See Standardized guarantee schemes

    H

    • Historic cost, 3.115

    • Holding companies, 2.128

    • Holding gains and losses

      • as economic benefit, 3.37

      • calculation of holding gains, 10.9–10.10

      • changes in net worth due to, 4.37

      • changes in value excluded from classification as, 10.8

      • classification codes, 10.4, Table A8.3

      • consumption of fixed capital in estimation of, 6.68, 10.13–10.14

      • continuous accrual of, 3.34. See also Time of recording

      • definition of, 3.33, 4.10, 10.1

      • in the GFS framework, 4.10, 4.46, 10.2, Table 4.5, Table 10.1

      • measuring, 10.9–10.10

      • net presentation of, 3.149

      • neutral and real, 10.11

      • on debt instruments that do not accrue interest, 10.45

      • on debt securities, 10.24–10.29

      • on employee stock options, 10.43

      • on equity, 10.30–10.33

      • on financial assets denominated in foreign currencies, 10.44

      • on financial assets with fixed monetary values, 10.23

      • on financial derivatives, 10.42

      • on fixed assets, 10.13–10.15

      • on insurance, pension, and standardized guarantee schemes, 10.35–10.41

      • on inventories, 10.16–10.17

      • on investment fund shares, 10.34

      • on monetary gold, 10.21

      • on nonfinancial assets, 10.19–10.20

      • on special drawing rights, 10.22

      • on valuables, 10.18

      • realized and unrealized, 10.6–10.7, A6.31-A6.33

      • recording of, 10.5

      • time of recording, 3.33–3.34, 3.99–3.100, 3.127, 10.7, 10.12

      • valuation of, 3.127, 10.9–10.10

    • Hospital buildings, 7.47

    • Hospitals

      • as institutional household, 2.28

      • as nonprofit institutions, 2.37, 2.97, 5.139

      • as market producers, 2.114, 2.127

    • Household(s)

    • as types of institutional units, 2.27

    • definition of, 2.28

    • economic sector, 2.60, Figure 2.2

    • income taxes, 5.41

    • multiperson, 2.29

    • nonprofit institutions serving. See Nonprofit institutions serving households

    • relation to other sectors, Figure 2.1

    • subsidies to, in capacity as producers, 6.86

    I

    • Implementation of GFSM 2014

      • challenges using accrual basis accounting in, 3.75

      • consideration of local circumstances in, 1.36–1.37

      • consolidation process, 3.165–3.166

      • good data dissemination practices in, 1.39

      • institutional and legal structures of government and, 1.5

      • in monetary unions, A5.38-A5.40

      • sequence of, 1.38

    • Implicit transfers resulting from loans at concessional interest rates, 7.246, 9.12, Table 7.10

    • Import duties, 3.81, 5.84, A5.12, Table 5.5

    • Incidental sales, 5.139, A5.9, A5.27, Table 5.10

    • Income accounts, A7.31-A7.61, A7.82-A7.88

    • Income taxes

      • classification and recording of, 5.42–5.44, Table 5.2

      • definition and scope of, 5.41

      • refunds, 3.145

      • time of recording, 3.82–3.83, 5.12, 5.15, 5.43

      • withheld from employees, 6.12

    • Index-linked debt/securities/loans, 6.75–6.83, 7.153, 9.41–9.42, 10.26

    • Indirect taxes, 5.9, Table 4A.1

    • Individual goods and services, 6.133–6.139, A7.60

    • Information, computer, and telecommunication equipment, 7.52, 7.56, Table 7.4

    • Infrastructure companies/funds, 2.160–2, 162

    • Infrastructure construction/assets, 7.11, 7.48

    • Inheritance taxes, 5.51 In kind transactions, 3.19–3.21

      • barter, 3.22

      • difference in GFS and SNA treatment of, Box A7.1

      • employee compensation. See Remuneration

      • grants, 5.5, 5.104–5.105, 6.94

      • payments other than remuneration, 3.24

      • remuneration, 3.23, 5.140, 6.35. See also Wages and salaries, social benefits, 2.101, 6.39–6.40, 6.100–6.101, 6.104, A7.48

      • transfers, 3.16, 3.25

      • types of, 3.21

      • valuation, 3.121–3.123

      • wages and salaries, 6.17–6.18, Table 6.2

    • Institutional sectors

      • definition of, 2.50

      • financial corporations, 2.53–2.57

      • general government, 2.58–2.59

      • households, 2.60

      • institutional units and relationship to, 2.51, Figure 2.1

      • nonfinancial corporations, 2.52

      • nonprofit institutions serving households, 2.61

      • subsectors of, 2.62

      • types of, 2.50

    • Institutional units

      • ancillary activities of, 2.45

      • application of definition, 2.39–48

      • artificial subsidiary, 2.42

      • central borrowing authority as, 2.44

      • changes in classification of, 10.76–10.79

      • characteristics of, 2.22–2.25

      • classification of specific types of, 2.125–2.162

      • classification of, 2.50, 2.63, 2.124, Figures 2.1 and 2.4. See also Sector classification

      • consolidated statistical presentation, 3.153–157

      • control of, 2.47

      • corporations as, 2.31–2.35

      • criteria to be, 2.22

      • definition, 1.14, 2.22

      • enterprises and, 2.25

      • establishments and, 2.24

      • government units as, 2.38

      • households as, 2.28–2.29, 2.60

      • identification of, 2.26

      • in financial corporations sector, 2.53–2.57, 2.115–2.121

      • in general government sector, 2.58, 2.76–2.103

      • in government finance statistics framework, 2.3, 2.23, 4.7

      • in nonfinancial corporations sector, 2.52, 2.114

      • in public sector, 2.63

      • location of, 2.12

      • nonprofit institutions serving households as, 2.36–2.37, 2.61

      • notional resident units, 2.13

      • of central government, 2.85–2.89

      • of local government, 2.95–2.99

      • of state government, 2.80–2.83, 2.90–2.94

      • public corporations as, 2.48

      • residence of, 2.6–2.14

      • social protection and, 2.46, Appendix 2

      • special purpose entities as, 2.15, 2.43, 2.136–2.139

      • transactions between, 3.5

      • types of, 2.27–2.38. See also specific type

    • Insurance

      • claims, 5.148, 5.150–5.151, 7.15, A4.77, A7.84

      • classification of property income disbursements, 5.120

      • classification of, 9.57–9.62

      • conceptual basis of, A4.66

      • consolidated statistical presentation, 3.164

      • deposit. See Financial protection/ deposit insurance schemes

      • exceptionally large settlements receivable/payable, 5.151, 6.125

      • expenses attributed to policyholders, 6.113–6.114

      • financial corporations in, 2.53–2.55

      • financial derivatives versus, 7.207

      • financial intermediation, 2.55

      • life, 5.120, 7.187–7.188, 9.62, A4.69

      • nonlife insurance premiums as transfer transactions, 3.12, 3.14

      • nonlife, 7.183–7.186, 9.58–9.61, A4.70, A4.78-A4.80

      • policy, nature of, A4.66

      • premiums, 5.149–5.150, 6.125, A4.74-A4.76, Table 5.12, Table 6.11

      • private, versus, A2.11-A2.16, Figure A2.1

      • public financial corporations, 2.115, 2.121

      • recording of nonlife insurance premiums as transactions, 9.58–9.61

      • reserves/assets/liabilities/entitlements related to, 5.120, 7.178, 9.57

      • service fees for, 6.52

      • SNA treatment versus GFS treatment of, A7.29, A7.43, A7.69, Table A7.1

      • social protection versus, A2.11-A2.16, Figure A2.1

      • social. See Social insurance

      • taxes on, 5.92

      • terminology of, A4.73-A4.77

      • time of recording, 3.89

      • types of, A4.67-A4.70

      • valuation of, 5.20, 7.122

      • See also Insurance, pension, and standardized guarantee schemes

    • Insurance, pension, and standardized guarantee schemes

      • as debt instrument, 7.236, 7.243, Table 7.12

      • changes in volume of, 10.63–10.75

      • classification of, 4.28, 9.57–9.69

      • classification of, 7.178–7.202

      • consolidation of, 3.164

      • difference in GFS and SNA treatment of, 5.95, A7.69

      • holding gains or losses on, 10.35–10.41

      • social protection arrangements. See Social protection

      • valuation of, 7.122, 7.240

      • See also Insurance; Pension schemes; Standardized guarantee schemes

    • Intangible nonproduced assets, 3.50, 7.31, 7.90, 7.104–7.117, 8.56–8.58, Table, 7.8

    • Intellectual property products

      • classification of, 6.46–6.47, 8.37, 7.64, Table 7.5

      • computer software and databases, 7.69–7.71, 8.40

      • definition of, 7.64

      • entertainment, literary and artistic, 7.72, 8.41

      • mineral exploration and evaluation, 6.47, 7.68

      • original products and copies, 7.65

      • other, 7.73

      • recording transactions in, 6.46–6.47, 8.37–8.41

      • research and development, 7.66–7.67, 8.38

      • See also Research and development expenses

    • Interest

      • accrual recording of, 3.70, 3.90, 6.64, 7.123

      • arrears, 6.80, 7.247, 9.22

      • as exchange type of transaction, 3.9

      • as used in primary balance/fiscal analysis, 4.55, Table 4A.1

      • cash recording of, 6.65

      • classification as expense, 4.24, 5.110, 6.62, 6.83, Table 5.8, Table 6.5

      • classification as revenue, 5.108–5.110, Table 5.8

      • consolidated statistical presentation, 3.152, 3.162

      • debtor approach to calculating, 6.66–6.68

      • definition of, 5.108, 6.62

      • financial intermediation services indirectly measured (FISIM) and, 6.62, 6.81

      • grace periods and, 6.69

      • gross versus net presentation of, 3.143–3.144

      • imputed, 5.108, 6.17

      • on debt instruments that do not accrue, 7.30, 10.45

      • on debt securities issued at par, 9.39

      • on debt securities with embedded derivatives, 6.79, 9.43

      • on debt securities, 7.143, 9.36–9.38

      • on discounted instruments, 6.71–6.72, 7.144–7.147, 9.9, 9.40

      • on index-linked instruments, 6.75–6.78, 9.41

      • on loans issued at premium, 6.73

      • on loans recorded at nominal value, 7.163, 9.44

      • on nonperforming loans, 7.262

      • on overdue taxes, 5.24, 6.82

      • on Special Drawing Rights, 7.131, 9.32

      • payable to financial intermediaries, 6.81

      • step-up interest, 6.70

      • time of recording, 3.70, 3.90, 3.133, 5.108, 6.64, 9.16

      • valuation of, 3.108–3.112, 3.118, 3.123, 5.109–5.110

    • Interest rates

      • changes in value of securities due to changes in, 10.26

      • concessional, 2.104, 3.123, 7.246, 9.12

      • for arrears, 9.22

      • implicit tax/subsidy of central bank, 5.70, 6.89, Box 6.2

      • step-up, 6.70

      • swap contracts, 7.215–7.216

    • Intermediation, 2.54. See also Financial intermediaries

    • International investment position, 9.27, A7.74, A7.96-A7.98

    • International Monetary Fund

      • as international organization, 2.16

      • Code on Good Practice on Fiscal Transparency, 3.52, 4.51

      • credits and loans from, A3.86-A3.88

      • General Data Dissemination System, 1.39, 3.52

      • No. 1 Account, A3.82

      • No. 2 Account, A3.90

      • quotas, A3.82-A3.83

      • recording of stock positions and flows arising from membership in, 7.131–7.134, 9.31–9.32, A3.79-A3.95

      • remuneration from, A3.89

      • reserve position in, A3.84-A3.85

      • Special Data Dissemination Standard Plus, 1.39, 3.52

      • Special Data Dissemination Standard, 1.39, 3.52

      • Special Drawing Rights, 7.131–7.134, 7.138, 9.31–9.32, A3.82, A3.87, A3.91-A3.95

    • International organizations

      • defining characteristics of, 2.16

      • economic territory of, 2.16

      • grants from/to, 5.101–5.104, 6.92–6.93, Table 5.7, Table 6.7

      • membership fees and subscriptions to, 9.52

      • ownership of, 7.169

      • residence of, 2.16–2.21

      • See also Regional arrangements

    • International Public Sector Accounting Standards (IPSASs), 1.9, 4.46

      • relationship with, A4.63, A6.1-A6.56, Box A6.1

    • Inventories

      • as produced assets, 7.18

      • classification of, 3.50, 3.91, 6.6, 7.75–7.86, 8.45–8.46, Table 7.6

      • commemorative coins as, 7.135, 9.34

      • costs of ownership transfer on, 6.60, 8.45

      • definition of, 7.18, 7.75

      • exceptional losses in, 10.70

      • excluded from capital transfers, 3.16

      • finished goods, 7.83, 8.47

      • gold as, 7.129, 9.30

      • goods for resale, 7.84–7.85, 8.47

      • holding gains on, 10.16–10.17

      • materials and supplies, 7.79, 8.47

      • military, 7.86, 8.43, 8.47

      • net investment in, 8.4, 8.44

      • net presentation of changes in, 3.147, 8.19–8.20

      • other change in volume of, 10.63, 10.70, 10.82, 10.84

      • plants and animals as, 7.60–7.61, 8.34

      • reclassification of, 10.82, 10.84

      • recording of transactions related to, 3.91, 6.6, 6.44, 8.3, 8.44–8.47

      • time of recording, 3.90–3.91, 6.6, 8.44

      • transfers of inventory, 6.37, 6.40

      • use of goods and services and, 6.6, 6.29, 6.44, Table 6.3

      • valuation of, 7.78, 8.10, 8.44

      • work in progress, 7.80–7.82, 8.47

    • Investment funds

      • as financial claim, 7.15

      • as financial intermediary, 2.55

      • classification of, 7.164, 7.174–7.177, 9.56

      • consolidated statistical presentation, 3.164

      • definition of, 7.174

      • development or infrastructure companies as, 2.160–2.162

      • expense for disbursements of income from, 6.113

      • income disbursements, 5.120–5.121

      • recording changes in value of, 5.121, 6.119, 10.34

      • sector classification of, 2.121, 2.160

      • share or units of, 7.174

      • valuation of, 7.233

    J

    • Joint accountability of units, 2.79

    • Joint operating arrangements, 2.143

    • Joint ownership of assets, 2.29, A4.39

    • Joint-stock companies, 2.32

    • Joint ventures, 2.140–2.143, A4.40

    L

    • Land

      • asset boundary of land, 7.7–7.10

      • classification of, 3.50, 7.19, 7.93, 7.95–7.96

      • consumption of fixed capital on, 8.53

      • costs of ownership transfer, 3.111, 7.22, 8.7, 8.53, Figure 8.1

      • definition of, 7.92

      • economic territory and, 2.9–2.10

      • holding gains and losses on, 8.31

      • nonresident ownership of, 2.13, 7.91

      • other changes in volume of, 8.31, 10.51–10.52, 10.60

      • recording transaction, 8.50–8.53

      • rent receivable/payable on, 5.122, 5.126–5.128, 5.132, 6.51, 6.120

      • resource lease on, 5.125, A4.17, A4.26-A4.27

      • structures on, 8.51

      • taxes on, 5.49, 5.52, 5.53

      • valuation of, 7.94, 8.11

      • See also Land improvements

    • Land improvements

      • classification of, 7.49–7.50, 8.50, Table 7.3

      • consumption of fixed capital on, 7.51, 8.31, 8.53

      • definition of, 7.49 land and, 7.50

      • recording transactions in, 7.94, 8.7, 8.31

      • valuation of, 7.51

    • Late interest, 9.22

    • Leases

      • as assets, A4.53-A4.57, Box A4.3

      • types of, A4.4-A4.17. See also specific type, Financial leases; Operating leases; and Resource leases

      • See also Contracts, leases, and licenses

    • Legal and social entities, 2.30–2.38

    • Legal ownership, 3.38–3.41, 5.141, 7.4–7.5, 7.96, 7.158, A4.4, A4.37, A4.62

    • Letters of credit, 7.13, 7.207, 7.259

    • Liabilities

      • classification of, 1.21, 4.27–4.30, 7.118–7.227, Table 7.9

      • consolidation of, 3.163

      • contingent liabilities versus, 7.13

      • definition of, 3.45, 4.45, 7.15

      • financial claims and, 3.47, 7.15

      • holding gains and losses, 3.33, 3.100, 4.37

      • in calculation of net worth, 1.17, 7.1

      • in government finance framework, 1.15, 1.30, 4.22, Figure 4.1

      • net presentation of, 3.148

      • nonfinancial, 3.44

      • other changes in the volume of, 3.35, 4.38

      • other economic flows, 3.31, 3.126–3.129

      • reclassification of, 3.101–3.102, 10.80–10.84

      • recording of transactions in, 1.34, 3.4, 4.26–4.31

      • relation with debt, 7.236–7.237

      • sources of, 3.45–3.46

      • time of recording transactions in, 3.60, 3.93–3.97

      • types of liabilities, 3.45–3.46

      • valuation of, 3.111, 3.113–3.115, 7.20–7.33

      • See also Financial assets and liabilities and Contingent liabilities

    • Licenses

      • as asset sale versus rent, 5.124, 7.109, A4.21, Box A4.1

      • business, 5.81

      • compulsory, 5.138

      • original copies, 7.65

      • to make use of natural resources, 5.54, 5.78, A4.18-A4.35, Figure A4.1

      • to use goods, or to perform specific activities, 5.55, 5.72–5.75, 5.81, A4.36-A4.50, Box A4.2, Table 5.4

      • to use motor vehicles, 5.55, 5.72–5.75, 5.80

      • See also Contracts, leases, and licenses; Fees and licenses

    • Life insurance, 7.178–7.179, 7.187–7.188, 9.62, 10.71, A4.69

      • nonlife versus, 7.183

    • Lines of credit, 7.13, 7.259

    • Liquidation corporations. See Restructuring agencies

    • Liquidity management, 3.67, 4.29, 4.31, Box 4.1, 7.123, 9.12

    • Loans

      • arrears of, 3.71, 7.247, 9.21

      • as debt instrument, 7.236, 7.243

      • classification of, 7.157–7.162, 9.44–9.46

      • concessional, 2.162, 3.123, 5.108, 6.17, 7.246, 9.12, A3.39-A3.41, Box 6.2

      • consolidated statistical presentation, 3.163

      • control of corporations through, Box 2.2

      • definition of, 7.157

      • from International Monetary Fund, A3.86-A3.88

      • guarantees, 7.259

      • index-linked, 9.41. See also Index-linked debt

      • net presentation of, 3.148, 9.4

      • nonperforming, 7.262–7.263

      • on-lending of borrowed funds, A3.72-A3.78, Table A3.1

      • other changes in volume of, 10.57

      • reclassification of, 7.149, 7.157, 10.84

      • time of recording disbursement of, 3.93

      • to employees, 5.108, 6.17, A2.9

      • valuation of, 7.163, 9.23, A3.8

    • Local government

      • definition of, 2.95

      • extrabudgetary units of, 2.82–2.83

      • functions of, 2.95–2.97

      • general government sector and, 2.58, 2.62, Figures 2.2 and 2.3

      • institutional units of, 2.80, 2.99

      • nonmarket NPIs of, 2.83

      • social security funds of, 2.78

    • Lotteries, 5.63, 5.66–5.69, 5.114

    • Lottery winnings, 5.41–5.42

    M

    • Machinery and equipment, 6.37, 6.43, 6.49, 7.7, 7.35, 7.37–7.38, 7.52–7.57, 7.88, 8.33, Table 7.4

    • Maintenance and repairs

      • classification as expense, 6.45

      • defining features of, 8.27

      • major improvements versus, 8.25–8.26

    • Major improvements to fixed assets.

      • See Maintenance and repairs

    • Margins, 7.219–7.220, 9.75

    • Maritime territories, 2.9

    • Marketable operating leases, 7.107, 7.108, 8.57, A4.56, Table 7.8

    • Market producers

      • characteristics of, 2.32, 2.66–2.69, 2.73

      • classification of revenue from sales of goods and services by, 5.136–5.138

      • corporations as, 2.31, 2.33

      • definition of, 2.65

      • establishments as, 2.24, 2.76, 2.75

      • identification of, 2.64–2.75

      • in government finance framework, 2.4

      • nonmarket producers versus, 2.64–2.75, Figure 2.4. See also Nonmarket producers

      • nonprofit institutions as, 2.37

      • regional enterprises as, 2.20

      • transfers of goods and services purchased from, 6.40, 6.91, 6.123, A2.27, A7.59

    • Marketing boards, 5.65, 5.86–5.87. See also Market regulatory agencies

    • Market prices

      • approximated by/equivalents of, 3.112, 3.114, 7.30–7.33

      • definition of, 3.107

      • estimation methods, 3.112, 3.125

      • exchange values versus, 3.122–3.123

      • for stock positions, 3.113–3.114

      • for transactions, 3.108–3.112, 8.9–8.12

      • holding gains and, 10.9

      • in government finance statistics framework, 1.29

      • valuation of assets and liabilities, 7.20–7.33. See also Valuation of each financial instrument

    • Market regulatory agencies, 2.156–2.159

    • Materials and supplies, 3.26, 3.91, 3.147, 6.29, 7.79, 8.3, 8.47, Table 7.6

    • Means test, 5.94, A2.25

    • Membership dues, 6.42, 6.123, 9.52, A3.79

    • Memorandum items, balance sheet, 7.234–7.263, Table 7.10

    • Military

      • bases, 2.9–2.10, 2.13, 7.48

      • dwellings for personnel, 7.44, 7.47

      • equipment, 6.49, 7.52

      • inventories, 7.86, 8.47, Table 7.6

      • See also Weapons Systems

    • Mineral and energy resources, 3.50, 7.97–7.99, 8.54, A4.35, A7.122

    • Mineral exploration and evaluation, 6.47, 7.64–7.65, 7.68, 8.37, 8.39, Table 7.5

    • Monetary and currency unions, 2.17, A5.5, A5.32-A5.35, A5.41-A5.44, Box A5.1

    • Monetary and Financial Statistics Manual, 1.8, A1.187, A7.5, A7.99-A7.104

    • Monetary transactions

      • definition of, 3.8

      • exchanges, 3.9

      • in government finance statistics framework, 1.28, 3.64

      • transfers, 3.10–3.18

    • Money market funds, 2.55, 2.121, 7.174, 7.177

    • Monopolies

      • permits and licenses creating, 7.111

      • profits of, 5.86–5.87

      • rerouting profits of, 3.28

      • taxes on, 5.55, 5.63–5.68, 5.86–5.87, 5.114, Table

    • Monuments, 7.42–7.43, 7.47–7.48, 8.30, 10.50

    • Motor vehicle taxes, 5.79–5.80, A7.40, Table 5.4

    • Mutual funds, 2.54, 7.174

    N

    • National accounts, 1.23, 2.23, 3.74, 3.106, 3.131, 3.165, 3.167, 4.18, 5.120, 1.151, 6.52, 6.81, 6.125, 6.139, A7.13-A7.72. See also System of National Accounts 2008

    • Nationalization, 9.55, A3.42, Box 4.1

    • Natural disasters, 5.146, 6.37, 6.58, 6.91, 10.16, 10.60–10.61, A2.10

    • Natural resources

      • as nonfinancial assets, 3.50

      • as nonproduced assets, 7.17, 7.19

      • classification of, 7.90–7.103

      • depletion of, 10.52

      • entering or exiting asset boundary, 10.49–10.52

      • environmental-economic accounting, A7.108-A7.110, A7.122

      • fiscal analysis in countries with, 4.59, 5.9, Table 4A.2

      • leases, A4.16-A4.17, A4.53-A4.55

      • licenses and permits to make use of, 5.78, 7.109, A4.18-A4.35, -, A4.48, Box A4.1, Figure A4.1, Table 7.8

      • ownership by nonresidents, 2.13

      • ownership, 3.38–3.39, 7.5

      • permits to use. See Permits

      • rent from/for, 5.122–5.129, 6.120 revenue from, 5.9, Table 4A.2

      • taxes on exploitation of, 5.54, 5.74, 5.78, 5.82

      • See also Rent; specific category of resource

    • Net acquisition of financial assets, 1.34, 3.151, 4.16, 9.5, 9.17, 9.23, Tables 4.1 and 9.1

    • Net cash outflow from investment in nonfinancial assets, 8.4, Table 4.2

    • Net debt, 4.54–4.55, 7.243–7.245, Table 4A.1, Table 7.10

    • Net financial worth

      • as balance sheet memorandum item, 7.235

      • as indicator of sustainability, 4.41, Table 4A.1

      • definition of, 4.41, 7.235

      • in government finance statistics framework, Figure 4.1

    • Net incurrence of liabilities, 1.34, 1.15, 3.151, 4.16, 9.5, 9.17, 9.23, Tables 4.1 and 9.1

    • Net interest expense, 3.144, Table 4A.1

    • Net investment in nonfinancial assets

      • definition of, 4.16, 8.4, Table 4.1, Table 4.2, Table 4A.1

      • in government finance statistics framework, 1.34

      • inventories, 8.44

    • Net lending/net borrowing

      • as fiscal indicator, 4.19, 4.53, Tables 4A.1 and 4A.2

      • as fiscal targets in regional arrangements, A5.39

      • as indicator of fiscal balance, 4.53

      • calculation of, 4.17, 9.5

      • compared with SNA concept, A7.19

      • definition of, 4.17, Table 4.1

      • impact of capital grants in kind on, 5.104

      • impact of consumption of fixed capital on, 8.18

      • in government finance statistics framework, 1.11, 1.34

      • in gross saving calculation, A7.54

      • lending minus repayments versus, 4.30

      • nonresource balances and, 4.59

      • overall balance and, 4.57

      • primary balance and, 4.55

    • Net operating balance

      • as fiscal indicator, 4.18, Table 4A.1

      • as proxy for distributable income, 5.116

      • calculation of, 1.33, 3.142, 4.17

      • compared with SNA concept, 4.18

      • definition of, 4.17–4.18

      • gross operating balance versus, 4.20

      • in government finance statistics framework, 1.11, 1.33, 1.34, 4.17, Figure, 4.1, Table 4.1

      • IPSAS surplus/deficit versus, A6.56

      • savings in national accounts versus, 4.18, A7.19

    • Net worth

      • as sustainability indicator, 4.3, 4.39–4.40, 4.54, Table 4A.1

      • balance sheet calculation, 3.142, 4.39, 7.228–7.333, Figure 7.1, Table 4.4, Table 7.1

      • definition of, 4.39, 7.1, 7.228

      • in government finance statistics framework, 1.30, 1.33, Figure 4.1

      • IPSASs’ net asset/equity versus, A6.48

      • of unincorporated enterprises, 7.173, 7.232

      • own funds versus, 7.231, Figure 7.1

      • See also Changes in net worth

    • Nominal value

      • arrears measured at, 7.250

      • as proxy for market values, 7.30

      • calculation of, 7.21

      • concessional loans at, 7.246, 9.11

      • definition of, 3.115

      • face value versus, 3.115

      • fair value of nonperforming loans versus, 7.263

      • gross debt at, 7.241

      • of loans, 7.263

      • publicly guaranteed debt at, 7.255

    • Nonfinancial assets

      • accounting identity, 8.2

      • appearance/disappearance of, 10.48–10.51

      • categories of, 7.17

      • characteristics of, 7.17

      • choice of net or gross presentation, 3.146–3.147

      • classification in Statement of Operations, 4.25

      • classification of, 7.34, 8.3–8.4, 8.21–8.23, Table 7.2, Table 8.1.

      • See also each category of non-financial assets

      • consolidated statistical presentation, 3.162

      • costs of ownership transfer, 6.60, 8.6–8.8

      • definition of, 7.17

      • fixed, 7.35–7.74, 8.24–8.43

      • goods and services expenses versus acquisition of, 6.43–6.49

      • gross investment in, 8.4, Table 4A.1

      • gross presentation of, 3.146

      • holding gains and losses on, 10.19–10.20

      • in expenditure, 4.21

      • in government finance statistics framework, 1.33, 1.34, Figure 4.1

      • inventories, 7.75–7.86, 8.44–8.47

      • loss of economic value, 10.51

      • net investment in, 1.34, 4.16, 8.4

      • net presentation of some categories of, 3.146–3.147

      • netting of transactions in, 8.19–8.20

      • nonproduced, 7.90–7.117, 8.49–8.58

      • time of recording transactions in, 3.88–3.92, 8.13–8.17

      • types of, 7.17

      • valuables, 7.87–7.89, 8.48

      • valuation of, 7.20–7.22, 8.9–8.12

    • Nonfinancial corporations

      • economic sector, 2.35, 2.52, Figure 2.1

      • public sector, 2.114, Figure 2.2

    • Nonfinancial public sector, 2.122

    • Nonlife insurance

      • claims on, 3.46

      • classification of protection schemes for, 2.132

      • definition, A4.70

      • general government and public sector as operators or holders, 9.57

      • insurers, public sector units as, A4.79

      • life insurance versus, 7.183

      • policyholders, public sector units as, A4.80

      • premium, fees, and claims payable related to, 6.125, Table 6.11

      • premiums and claims as transfers, 3.12, 3.14

      • premiums, fees, and claims receivable related to, 5.6, 5.149–5.151, Table 5.12

      • service fees, 6.52

      • social security versus, Figure A2.1

      • statistical treatment of, A4.78-A4.80

      • technical reserves, 7.178, 7.183–7.186, 9.58–9.61, 10.35

    • Nonmarket producers, 2.37, 2.43, 2.65, 2.70, 2.75, 2.124

    • Nonmarketable financial instruments, 3.129

    • Nonmonetary transactions

      • definition of, 3.19

      • difference in treatment in SNA of, Box A7.1

      • economic significance of, 3.19

      • in government finance statistics framework, 1.28, 3.64

      • internal, 3.26

      • two-party, 3.21–3.25

      • types of, 3.20

    • Nonperforming loans, 7.262–7.263

    • Nonproduced assets

      • classification of, 3.50, 4.25, 7.17, 7.90–7.117, 8.49–8.57

      • costs of ownership transfer, 8.7, 8.42, 10.83, Figure 8.1

      • definition of, 7.19

      • economic benefits of, 7.7

      • in government finance statistics

      • framework, 4.25, Table 4.2, Table 4.3

      • intangible, 7.104–7.117, 8.56–8.58

      • land, 7.92–7.96, 8.50–8.53

      • mineral and energy resources, 7.97–7.99, 8.54

      • other naturally occurring assets, 7.101–7.103, 8.55

      • ownership, 7.90–7.91

      • types of, 7.90. See also specific type

      • valuation of transactions in, 8.11

    • Nonprofit institutional units

      • accountable to two levels of government, 2.79, Box 2.1

      • as market or nonmarket producers, 2.37

      • as public corporations, 2.112

      • control of, Box 2.1

      • corporations versus, 2.32

      • defining characteristics of, 2.36–2.37

      • definition, 2.36

      • in financial corporations sector, 2.53, 2.57

      • in general government sector, 1.2, 2.58, 2.64, 2.83

      • in nonfinancial corporations sector, 2.52

      • relation to sectors of the economy, Figure 2.1

      • See also Nonprofit institutions serving households

    • Nonprofit institutions serving households, 2.61, 6.86, Figures 2.1, 2.2, and 2.4

    • Nonresource

      • net lending/net borrowing, 4.59, Table 4A.2

      • operating balance, Table 4A.2

      • primary net lending/net borrowing, Table 4A.2

      • primary operating balance, Table 4A.2

    • Notional resident unit, 2.13, 7.169, A4.26

    O

    • Obsolescence, 3.125, 6.53, 6.56, 10.8, 10.66, A6.54

    • Off-market swap, 7.162, A3.67-A3.71

    • Offshore financial operations, 2.11

    • One-off guarantees, 7.253–7.260, Figure 7.2, Tables 4.6 and 7.10

      • bailouts and, A3.52

      • financial assets/liabilities versus, 7.207, 7.251

      • IPSASs’ treatment of, A6.21, Box A6.1

      • standardized guarantees versus, 7.201, A4.80

    • On-lending of borrowed funds, A3.72-A3.78, Table A3.1

    • Operating leases, 3.90, 7.108, 8.57, A4.4, A4.6-A4.9, A4.37, Table 7.8

      • financial lease versus, 6.50, A4.12

      • leases as assets versus, A4.54-A4.56

      • rent versus, 5.131–5.132

    • Option contracts, 7.209–7.211

    • Other accounts receivable/payable, 3

      • as debt instruments, 7.236, 7.243

      • classification of, 7.224–7.227, 9.3, 9.82–9.84

      • consolidation of, 3.163

      • definition, 7.224

      • holding gains and losses, 10.23

      • in government finance statistics framework, 4.28, Table 4A.1

      • other volume changes in, 10.84

      • recorded by collecting agents, 5.38, 5.40

      • time of recording, 3.56, 3.63, 3.66, 3.72, 3.94–3.96, 3.118, 4.16, 5.13, 6.10

      • use in overestimated revenue corrections, 5.20

      • valuation of, 7.30, 9.10

    • Other changes in volume of assets/ liabilities

      • appearance or disappearance of assets recorded as, 10.48–10.56

      • changes in classification, 3.97, 10.76–10.84

      • classification codes, A8.3, Table A8.3

      • definition of, 3.35, 10.1

      • external events recorded as, 10.59–10.62

      • in financial instruments, 10.71–10.75

      • in fixed assets, 10.64–10.68

      • in government finance statistics framework, 4.10, A7.70, Table 4.3

      • in inventory, 10.70

      • in Statement of Other Economic Flows, 4.38

      • net presentation of, 3.149

      • reclassifications, 3.97, 10.76–10.84

      • time of recording, 3.101, 10.47

      • types of, 10.46

      • valuation of, 3.128–3.129

      • volume changes not elsewhere classified, 10.63–10.75

    • Other current transfers not elsewhere classified described, 5.147, Table 5.11

    • Other economic flows

      • classification of changes in net worth due to, 10.2–10.4, Table 10.1, Table 10.2

      • definition of, 3.31

      • in government finance statistics framework, 1.15–1.16, 1.20, 4.8, 4.14, Figure 4.1

      • IPSASs value changes versus, A6.31-A6.33, Box A6.1

      • recording effects of, 3.55

      • time of recording, 3.98–3.102

      • transactions versus, 3.31

      • types of, 3.32, 10.1

      • valuation of, 3.126–3.129

      • See also Holding gains and losses; Other changes in volume of assets/liabilities; Statement of Other Economic Flows

    • Other revenue, 4.23, 5.3, 5.6, 5.106. See also each category of other revenue

    • Other taxes, 5.93

      • classification in 2008 SNA versus government finance statistics, 5.25

      • on goods and services, 5.55, 5.82

      • on income, profits, and capital gains, 5.42, Table 5.2

      • on international trade and transactions, 5.92, Table 5.5

      • on production, 2.74, A7.41, Table A7.3

      • on use of goods and permission to use goods or perform activities, 5.81, Table 5.4

    • Other volume changes not elsewhere classified, 10.63–10.76

    • Overall deficit/surplus, 1.32–1.34

    • Overall fiscal balance, 1.34, 4.29, 4.57, 7.124, Table 4A.2

    • Overall primary balance, Table 4A.2

    • Own-account capital formation in government finance statistics framework, 1.22, 1.24

      • market producer evaluation and, 2.73

      • recorded as acquisition of nonfinancial asset, 6.6, 6.9, 6.12, 6.27, 6.43, Table 8.1

    • Ownership

      • as feature of institutional units, 2.22

      • asset boundary and, 7.5–7.13

      • costs of transfer of, 6.60, 8.6–8.8, 8.42, Figure 8.1

      • economic, 3.38, 3.39, 7.5, A4.4

      • government claims of, 3.40

      • in classification of leases, A4.4

      • in public-private partnerships, A4.61-A4.63, Box A4.4, Box A4.5

      • legal, 3.38, 7.5, A4.4

      • nonresident, 2.13

      • of corporations, versus control, 2.32, Box 2.2

      • of government units, 2.47, 2.79

      • of immovable assets, 2.13

      • of nonproduced assets, 7.90–7.91

      • of nonprofit institutional units,

      • versus control, Box 2.1

      • transformation of assets in transfer

      • of, 3.41

    • Own funds

      • as indicator of net worth of public corporations, 4.40, 7.229

      • as proxy for market value of equity, 7.173, 7.232–7.233

      • bonus shares as reclassification of, 5.111

      • definition of, 7.231

      • shares and other equity versus, 7.231, Figure 7.1

    P

    • Partitioning of transactions, 3.11, 3.29, 3.118, 3.124, A7.29, Table A7.1

    • Partnerships, 2.32, 2.141, 7.169. See also Joint ventures; Public-private partnerships

    • Payroll taxes, 5.23, 5.25, 5.45, 5.76, 5.96

    • Pension entitlements

      • assumption of, 5.148, 6.124, 9.66–9.67, A2.60-A2.63

      • changes in classification of, 10.84

      • classification of, 7.189–7.198, 9.63–9.67

      • definition of, 7.190

      • holding gains or losses on liabilities for, 10.36–10.41

      • in calculation of distributable income, 5.116

      • in government finance statistics framework, 2.102

      • other changes in volume of assets for, 10.72–10.74

      • property expense attributed to, 6.113

      • sources of changes in, A2.54

      • treatment in 2008 SNA versus government finance statistics, 5.95, 6.97

      • valuation, 7.197

    • Pension funds

      • administrators, A2.48-A2.51

      • as financial corporations sector, 2.53–2.55, 2.115, A2.43, A2.47-A2.52

      • as financial intermediaries, 2.54–2.55

      • as public financial corporations, 2.102

      • claims of, on pension manager, 7.196, 7.199–7.200, 9.68, A2.50

      • cost of operations, 5.140, A2.58

      • employers’ contributions to, 6.19–6.21, 6.25

      • expense recorded to attribute income, 6.113, 6.116–6.118

      • large one-off transfers from government to, 9.66–9.67, A2.60-A2.63

      • net worth of, 7.230

      • provident funds versus, 2.150

      • social security contributions versus contributions to, 5.95

    • Pension schemes

      • as general government liability, 7.179, 9.57, 9.63

      • autonomous versus nonautonomous, A2.17, A2.24, A2.42-A2.53

      • boundary with social security, Table A2.1

      • classification, 2.147, A2.18, 7.191, A2.41-A2.43

      • compulsory versus voluntary, A2.17

      • consolidated statistical presentation, 3.164

      • contributions to employment-related, 6.19–6.26

      • contributory versus noncontributory, A2.17

      • defined-benefit, 6.116–6.117, 7.191, 9.64, 10.36–10.41, 10.72–10.73, A2.54

      • defined-contribution versus defined benefit, A2.17

      • defined-contribution, 6.116, 6.118, 7.191, 9.65, 10.74, A2.55-A2.59

      • employment-related, A2.22-A2.24, A2.41-A2.59

      • excluded from social security funds, 2.102

      • funded versus unfunded, 5.95, 7.193, A2.17, A2.24

      • holding gains and losses of, 10.41

      • imputed sale for services of operator

      • of, 5.140

      • in government finance statistics framework, A7.21

      • net worth of, 7.230

      • other changes in the volume of, 10.72–10.74

      • other economic flows of, 10.38–10.40

      • reclassification of, 10.84

      • recording flows related to employment-related, A2.41-A2.63, Table A2.3

      • reserves for, 7.179, 7.189

      • social security schemes versus, 2.102, 4.48, 4.50, 5.95, 6.106, 7.194, A2.5-A2.7

      • treatment in 2008 SNA versus government finance statistics, 1.22, 4.19, 5.95

      • types of, 6.116, 7.191, A2.42

      • valuation of liabilities of, 7.181, 7.197–7.198, A2.57-A2.58

      • See also Pension entitlements; Pension funds

    • Permits

      • as assets, A4.3, 7.106, A4.46-A4.47, A4.54-A4.55, Table 7.8

      • boundary with administrative fees, 5.73–75, 5.138, 7.111

      • recording transactions in, issued by government, A4.42-A4.45, Box A4.2

      • rent versus, 5.124–5.130

      • to undertake certain activities, 7.110, A4.41-A4.52

      • to use environmental assets, A7.127

      • to use goods or perform activities, 5.72, 5.81

      • to use natural resources as sinks, A4.48-A4.50

      • to use natural resources, 7.109, A4.18-A4.35, A4.54-A4.55, Figure A4.1

    • Perpetual inventory method, 7.32, 7.45, Box 6.1

    • Personal attributes as assets, 3.43

    • Policy lending, 4.29–4.30, 4.57, 7.124, Box 4.1, Table 4A.2

    • Political parties, 2.61

    • Poll taxes, 5.93

    • Pollution

      • emissions permits, A4.48-A4.50

      • environmental protection and, A7.107, A7.119

      • subsidies to reduce, 6.90

      • taxes on, 5.81, Table 5.4

    • Preferred stocks or shares, 7.143, 7.150, 7.166

    • Premium, fees, and claims payable related to nonlife insurance and standardized guarantee schemes, 6.125, Table 6.11

    • Premium, fees, and claims receivable related to nonlife insurance and standardized guarantee schemes, 5.149–5.151, Table 5.12

    • Present value of future returns, 7.33

    • Prices, economically significant, 2.66–2.68. See also Economically significant prices

    • Primary balance, 4.55, A5.40, A6.40, Table 4A.1

    • Prison buildings, 7.47

    • Private corporations

      • as market producers, 2.68

      • distinguishing head offices of, 2.128

      • holding companies, 2.128

      • joint ventures with public sector units, 2.140–2.143

      • nationalization of, 9.55

      • nonresident government controlled corporations, 2.14, 2.111

      • receiving aid from government, 2.114

      • relation to other sectors of the economy, Figure 2.1, Figure 2.2

      • subsidies to, 6.84, 6.87

      • See also Public-private partnerships

    • Private finance initiative, 7.39, A4.58

    • Privatization, 4.57, 9.53–9.54

    • Produced assets, 3.50, 4.16, 5.125, 5.131, 7.17–7.18, 7.34

    • Production account, 6.53, A7.24-A7.30, Figure A7.1

    • Production costs, 2.37, 2.69, 2.73–2.74

    • Professional and trade associations, 2.37, 2.61

    • Property expense

      • definition of, 6.108

      • for dividends, 6.109–6.110

      • for investment income disbursements, 6.113–6.119, 10.36

      • for reinvested earnings on foreign direct investment, 6.121

      • for rent, 6.120

      • for withdrawals from income of quasi-corporations, 6.111–6.112

      • forms of, 6.108

      • See also specific type

    • Property income

      • definition of, 5.107

      • forms of, 5.107, Table 5.8

      • from dividends, 5.111–5.117

      • from interest, 5.108–5.110

      • from investment income disbursements, 5.120–5.121

      • from reinvested earnings on foreign

      • direct investment, 5.134–5.135

      • from rent, 5.122–5.133

      • from withdrawn from income of quasi-corporations, 5.118–5.119

      • See also specific type

    • Property sales as exchange type of transaction, 3.9

    • Property taxes, 3.84, 5.46–5.54, 5.77

    • Provident funds, 2.148–2.151

    • Public corporations

      • as instruments of public or fiscal policy, 2.104

      • changes in net worth of, 4.40

      • characteristics of, 2.35, 2.48, 2.104–2.105

      • classification of equity transactions in, 9.47–9.51, Box 6.3

      • classification of revenue from sales of goods and services by, 5.137

      • classification of equity of, 7.15, 7.165–7.173, 7.232

      • consolidated statistical presentation, 3.153, 5.42

      • control of, 2.35, 2.107–2.112, Box 2.2

      • coverage of government finance statistics framework, 1.2, 1.4, 2.1, 2.4, 4.7

      • decision tree for classification of subsector entities, 2.124, Figure 2.4

      • detailed classification of counterparty information, Table 3.1

      • dividends of, 5.111–5117, 6.109–6.110

      • economic sector classification of, 2.59, 2.64, 2.104

      • economic significance of, 2.104-2.105

      • evaluating economically significant prices of, 2.66–2.75

      • identification of, 2.64–2.75

      • in financial corporations sector, 2.57

      • in nonfinancial corporations sector, 2.52

      • monopoly powers of, 6.63

      • net worth of, 7.229, 7.232–7.233, 10.33

      • nonprofit institutions as, 2.37, 5.67

      • privatization of, 9.53

      • purposes of, 2.105

      • quasi-fiscal operations of, 2.4, 2.104

      • reclassification of, 10.77, 10.84

      • residence of, 2.14

      • restructuring of share distribution, 9.51

      • revenue source of, 5.1

      • subscriptions of, 6.42

      • subsector components, 2.104

      • subsidies, 5.146, 6.87

      • taxes collected by, 5.38

      • taxes payable by, 5.42

      • transfer, 3.10, 5.148, 6.124

      • types of, 2.113–2.121

      • Publicly guaranteed debt, 7.254–7.260, Figure 7.2, Table 4.6, Table 7.10

      • Public monuments, 7.42–7.43, 7.47–7.48, 8.30, 10.50

      • Public policy-related assets and liabilities, 4.29–4.30, 4.57, Box 4.1

      • Public-private partnerships

        • alternative names for, A4.58

        • contractual relationships in, 2.140, A4.60

        • definition of, A4.58

        • economic ownership in, 3.40, 7.39, A4.61-A4.63, Box A4.4, Box A4.5

        • ownership of fixed assets built under, 7.39

        • reasons for, A4.58-A4.59

        • statistical treatment of, A4.64-A4.65

      • Public sector

        • accounting standards, 1.35, A6.1–A6.56

        • consolidated statistical presentation, 3.153–3.156, 3.164

        • coverage of government finance statistics framework, 1.2, 1.4, 1.26, 2.1, 2.4, 4.7

        • decision tree for classification of entities in, 2.124, Figure 2.4

        • definition of, 1.2, 2.63

        • financial corporations subsector, 2.115–2.121

        • groupings of institutional units, 2.122–2.123, Figure 2.2

        • institutional units of, 2.63

        • main components of, 2.63, Figure 2.3

        • nonfinancial corporations subsector, 2.114

        • relation to other institutional sectors, 2.62, Figure 2.2

        • scope of government finance statistics framework for reporting on, 1.26

        • subsector of, 2.63, Figure 2.3

        • uses of government finance statistics framework in analysis of, 1.10–1.12

        • See also Public Corporations

        • Public Sector Debt Statistics: A Guide for Compilers and Users, 1.8

      • Purchase of goods and services

        • accrual recording versus cash recording, 4.35

        • as exchange type of transaction, 3.4, 3.9

        • change in inventory and, 6.6, 6.29, Table 6.3

        • distributed without transformation, 6.40, 6.27

        • valuation of, 6.41

        • See also Use of goods and services

    Q

    • Quasi-corporations

      • as public corporations, 2.112

      • central government, 2.88

      • classification of equity transactions in, 9.47–9.50

      • classification of, equity of, 7.165–7.169

      • definition of, 2.33

      • enterprises as, 2.25

      • establishments as, 2.24, 2.75

      • identifying, 2.34, 2.125–2.127

      • local government, 2.98

      • nationalization of, 9.55

      • net worth of, 7.173, 7.229, 7.232

      • privatization of, 9.53

      • state government, 2.94

      • time of recording withdrawals from, 3.87

      • transfers to, 6.98, 6.91, 6.123, 6.124, 9.49, Box 6.3

      • withdrawals from income of, 5.118–5.119, 6.108, 6.111–6.112, 9.49

    • Quasi-fiscal activities, 2.137, 3.10, 4.7, 7.170

    • Quasi-fiscal operations, 2.4, 2.104, Table 4A.2

    R

    • Radio spectrum, 7.19, A4.4, A4.23-A4.25, A4.38, Table 7.7

    • Reassignment of transactions, 3.30

    • Reclassification

      • of assets or liabilities, 3.101–3.102, 10.50, 10.80–10.84

      • of institutional unit, 10.76–10.79

    • Recurrent taxes, 5.49–5.50, 5.53, 5.77, A7.119

    • Refinancing, A3.5, A3.14-A3.19

    • Refunds/recoveries of overpayments, 3.59, 3.104, 3.110, 3.143, 3.145, 5.7, 5.27, 6.4

    • Regional arrangements

      • central bank of, 2.21

      • classification of financial positions in member states and, 2.19

      • customs unions, A5.5, A5.6-A5.18

      • debt measurement in, A5.44

      • definition, A5.1

      • delineation of general government sectors in member states of, A5.42

      • economic unions, A5.5, A5.19-A5.31

      • harmonization for government finance statistics, A5.41-A5.44, Box A5.1

      • implications for government finance statistics, A5.1, A5.3, A5.36-A5.40

      • monetary and currency unions, A5.5, A5.32-A5.35

      • organizations, 2.17–2.19, A5.2

      • purpose of, A5.2

      • regional enterprises and, 2.20

      • supranational authorities, 2.18

      • time of recording economic flows in, A5.43

      • types of, A5.5

    • Regulatory agencies, 2.156–2.159

    • Reimbursement of job-related expenses, 6.15, 6.35–6.36

    • Reimbursement of social security benefits, 6.101, A7.59

    • Reinvested earnings, 5.134–135, 6.121, 10.34

    • Relief and aid agencies, 2.61, 6.38, 7.252

    • Religious organizations, 2.61, 5.39–5.40

    • Remuneration in kind, 3.21, 3.23, 5.108, 6.17–6.18, 6.35, 9.3

    • Rent

      • asset sale versus, 5.78, A4.21, Box A4.1

      • definition of, 5.122, 6.120

      • environmental-economic accounting, A7.122

      • excluded payments, 5.124

      • land taxes and, 5.128

      • on land, 5.126–5.128, A4.26-A4.27

      • on subsoil assets, 5.129–5.130, 7.99

      • permits to use natural resources, 7.109, A4.19-A4.35, Figure A4.1

      • radio spectrum, A4.23-A2.25

      • receivable by notional resident units, 2.13

      • recording income from, 5.123

      • rental of produced assets versus, 5.131–5.132, 7.96

      • resource lease, A4.16-A4.17

      • resource revenue and, 5.122, Table 4A.2

      • taxes versus, 5.54, 5.133

      • time or recording 3.89, 5.123, 6.120

      • types of, 5.125

      • use of goods and services versus, 6.51

    • Rental

      • of fixed assets, 6.50, 7.108

      • of produced assets, 5.131–5.132, 5.137, 5.141, A4.6-A4.9

      • receivable by notional resident units, 2.13

    • Replacement cost, 3.115, 7.31–7.32, 7.36, 10.14, A6.25

    • Reporting periods, 3.52

    • Repos (repurchase agreement), 7.140, 7.157, 7.159, 9.46

    • Rerouting of transactions, 2.131, 3.28, 5.68, A2.51

    • Rescheduling, debt, 9.26, A3.5, A3.10-A3.13

    • Research and development, 6.46, 7.64, 7.66–7.67, 8.38, Table 7.5

    • Research institutions, 2.37, 2.61

    • Reserve tranche, IMF, A3.82, A3.84-A3.85, A3.89

    • Residence

      • classification of transactions in financial assets and liabilities by, 4.44, 7.120, 9.24–9.25, 9.85–9.87, Table 7.9, Table 9.1, Table 9.2

      • definition of, 2.7

      • in economic union, A5.24-A5.25

      • notional resident units, 2.13

      • of currency union central banks, 2.21

      • of general government units, 2.14

      • of institutional units, 2.12

      • of international organizations, 2.16–2.21

      • of public corporations, 2.14

      • of regional enterprises, 2.20

      • of special or legal zones, 2.11

      • of special purpose entities, 2.15, 2.138

      • of territorial enclaves, 2.10

      • significance of concept of, 2.6

      • to determine economic territory, 2.2, 2.7–2.9, 2.124

    • Resident artificial subsidiaries of government, 2.42–2.44, 2.162

    • Resource expense/revenue, Table 4A.2

    • Resource leases, 5.122, 6.120, 7.99, A4.4, A4.16-A4.17, A4.37

    • Restructuring agencies, 2.129–2.131, A3.46

    • Revenue

      • accounting rules for recording, 3.55, 3.61–3.68, 5.10, 5.11

      • attribution, 5.33–5.40

      • classification of, 1.21, 5.21–5.22, Table 5.1, Table A8.1. See also specific type

      • definition of, 4.16, 4.23, 5.1

      • estimating, 3.78–3.80, 5.17–5.20

      • fiscal analysis, 5.9

      • for common budget of economic unions, A5.26-A5.28

      • gross versus net presentation of, 3.144–3.145, 3.147

      • in government finance statistics framework, 1.2, 1.15, 1.33, 4.16, 4.53, Figure 4.1

      • other, 5.6, 5.106

      • refunds, 3.59, 3.104, 3.110, 3.143, 3.145, 5.7, 5.7, 5.27 Revenue Statistics, 5.26

      • time of recording and measurement of, 3.77–3.88, 5.10–5.16

      • transactions excluded from recording as, 5.8

      • types of, 4.23, 5.1. See also specific type

    S

    • Sales of goods and services, 2.75, 3.144, 3.162, 5.1, 5.6, 5.136–5.141, 8.47, A2.58, A4.9, A7.123

      • taxes on use of goods versus, 5.73–5.75

      • See also specific type of sales

    • Sales taxes, 5.55, 5.59

    • School buildings, 7.47

    • Schools, 2.37, 2.114, 5.139, 5.148, 7.11, 7.47

    • Sector classification/Sectorization

      • bailout operations and, A3.45- A3.46, 2.125–2.162

      • consistency/inconsistency of, A7.6, A7.9, A7.99, A7.103

      • general government, 2.64. See also General government sector

      • harmonization of, in regional arrangements, A5.42

      • of special purpose entities, 2.136–2.139, A3.54

      • practical application of principles, 2.125–2.162

      • public sector, 2.63. See also Public sector

      • use of decision tree for, 2.124

    • Securities

      • as financial instrument, 4.28

      • asset-backed, 7.151

      • classification of, 7.143–7.153, 9.36–9.43

      • consolidation of, 3.163, 3.165, 9.19

      • definition of, 7.119

      • embedded derivatives, 6.79

      • equity, 7.166, 7.168

      • grace periods of, 6.69

      • gross presentation of, 3.150

      • in policy lending, 4.30

      • index-linked, 6.75, 7.153

      • lending, 7.160

      • negotiability of, 7.119

      • repurchase agreement, 7.159

      • step-up interest of, 6.70

      • stripped, 7.152

      • taxes on, 5.61

      • time of recording transactions in, 3.93, 3.96, 9.13–9.16

      • types of, 7.143–7.153. See also specific types

      • valuation 3.111, 3.113–3.115, 3.117, 7.26–7.27, 7.122, 7.154–7.156, 9.8, 9.9

    • Securitization, debt arising from, 7.151, A3.59-A3.66

    • Seizure of assets, uncompensated, 3.31, 8.52, 9.55, 10.62, A4.29

    • Self-employment, 6.33

    • Services, time of recording transactions in, 3.88–3.92

    • Severance payments to employees, 6.16, 6.104

    • Severance taxes, 5.133

    • Shared assets, A4.36-A4.40

    • Shell companies, 2.15

    • Sinking funds, 2.144–2.146

    • Social assistance

      • definition of, 6.101, A2.25

      • eligibility to receive, 6.101, A2.25-A2.26

      • government reimbursement to corporations for provision of, A2.28

      • in kind, 6.39, A2.27

      • in typology of social protection arrangements, A2.18, A2.20, Figure A2.2

      • liability for future payments of, A2.29

      • payable tax credits as, 5.31

      • purpose of, A2.25

      • recording of flows related to, 3.10, 6.101–6.102, A2.27-A2.29, Table A2.1

      • scope of, 2.147, A2.5-A2.6

      • social insurance versus, Figure A2.1

      • types of, 6.102–6.103

    • Social benefits

      • as transfer payment expense, A2.9

      • classification of expense for, 4.24, 6.16, 6.98, A2.4, Table 6.8. See also specific types

      • definition of, 6.96, A2.4

      • delivery methods, cash versus in kind, A2.8

      • employment-related, 6.104–6.106

      • goods and services distributed as, 6.39–6.40

      • nonpension, A2.7

      • private insurance versus, A2.11-A2.16

      • purpose of, 6.96

      • social assistance, 6.101–6.102

      • transfers not eligible for classification as, 6.97, A2.10

      • See also Social assistance benefits; Social security benefits

    • Social contributions

      • as revenue, 4.23, 5.4

      • as transfer transactions, 3.10, 3.14

      • classification of, 4.23, 5.94–5.95, Table 5.6

      • definition of, 5.4, 5.94, A2.4

      • employers’, as expense, 6.19–6.26

      • fiscal burden of, 4.55, Table 4A.1

      • imputed, 5.100, 6.25–6.26, 6.105

      • taxes versus, 5.96

      • time of recording and measurement of, 3.77–3.82, 5.17–5.20

      • to social insurance schemes, 5.98–5.100

      • to social security schemes, 5.97

      • transactions not eligible for classification as, 5.95

      • voluntary and compulsory, 5.94, 5.96, A2.16-A2.17

    • Social insurance schemes

      • contributions and benefits, 5.4, 5.94, 5.98, 6.1, 6.19, A2.15, A2.31

      • defined-contribution versus defined-benefit, A2.17, A2.21, A2.54-A2.59

      • definition of, 2.101, A2.30

      • eligibility to participate in, 2.101, A2.30

      • employee contributions as revenue, 5.99

      • employers’ contributions as expense, 6.19–6.26

      • employers’ contributions as revenue, 5.99–5.100

      • employment-related, A2.22-A2.24, A2.40-A2.58, A2.64-A2.66, Table A2.3, Table A2.4

      • funded versus unfunded, A2.17

      • imputed contributions to, 5.100

      • in typology of social protection arrangements, A2.18, A2.20-A2.23, A2.32, Figure A2.2

      • individual insurance versus, Figure A2.1

      • noncontributory, 6.26

      • programs covered by, 2.101

      • purpose of, A2.14, A2.30

      • See also Pension schemes, employment-related

    • Social protection arrangements

      • administrative arrangements, A2.4

      • as institutional units, 2.46, 2.62, 2.100–2.103

      • autonomous versus nonautonomous, A2.17

      • beneficiaries, population versus employees, A2.17

      • benefits to households, A2.3, A2.8

      • benefits/contributions as transfer transactions, 3.10

      • classification criteria for, A2.17

      • compulsory versus voluntary, A2.17

      • contributory versus noncontributory, A2.17

      • defined contribution versus defined benefit, A2.17

      • funded versus unfunded, A2.17

      • nature of, A2.3

      • pension versus nonpension, A2.17

      • private insurance and, A2.11-A2.16, Figure A2.1

      • purpose of, A2.1

      • types of, 6.98, A2.5-A2.7

      • typology of, A2.18-A2.24, Figure A2.2

    • Social risks, 2.46, 5.4, 6.96, A2.1

    • Social security schemes

      • accounting rules, 3.144–3.145, 3.161

      • as general government subsector, 2.78, 2.100–2.103, A2.34

      • as social benefits expense, 6.99–6.100

      • benefits as transfer transactions, 3.10, 3.14, 3.17, 6.99–6.100

      • benefits in kind, 6.100, A2.37

      • classification of flows related to, A2.34-A2.39, Table A2.2

      • classification of liabilities of, 7.194

      • compulsory versus voluntary, A2.16

      • contributions, 5.97, 6.19–6.26, A2.36

      • definition of, A2.33

      • fund, 2.58, 2.62, 2.78, 2.100, 9.67, A2.34-A2.35, Figure 2.3

      • in typology of social protection arrangements, A2.22, Figure A2.2

      • net implicit obligations for future benefits, 4.13, 4.15, 4.47–4.48, 4.50, 7.13, 7.261, A2.39, Table 4.6

      • pensions provided by, 2.147

      • presentation of statistics by level of government, 2.78

      • provident funds versus, 2.149–2.151

      • reporting contingent liabilities, 1.18, A2.38-A2.39

      • rerouting of transactions of, 3.28

      • scheme, 2.101–2.102

      • social insurance schemes and, A2.32, Figure A2.1

      • tax on payroll versus, 5.23, 5.45

      • unilateral changes in, 4.49

      • See also Social contributions; Social insurance; Summary Statement of Explicit Continent Liabilities and Net Obligations for Future Social Security Benefits

    • Social spending, Table 4A.1

    • Sovereign statistics, 2.123

    • Sovereign wealth funds, 2.152–2.155

    • Special Drawing Rights, A3.82, A3.87

      • as debt instrument, 7.236, 7.243

      • classification as foreign currency, 3.136

      • classification of, 7.131–7.134, 9.31–9.32, A3.91-A3.95

      • creation or extinction of, 10.58

      • holding gains and losses on, 10.21–10.22

      • unit of account, 3.1307.134

    • Special purpose entities

      • artificial subsidiaries of government as, 2.43

      • as institutional units, 2.137–2.138

      • classifying debt of, A3.54-A3.58

      • defining characteristics of, 2.136

      • equity of, 7.170

      • functions of, 2.137

      • nonresident foreign direct investment of, 5.134

      • recording of flows and stock positions, 2.138–2.139

      • residence of, 2.15, 2.138–2.139

      • sector classification of, 2.137–2.139

    • Sports clubs, 2.61, 2.97, 6.17, 7.48

    • Sports players, A4.51

    • Stamp taxes, 5.93

    • Standardized guarantee schemes as debt instrument, 7.236, 7.243, 7.253, Figure 7.2

      • classification of transfers in, A4.72

      • classification of, 7.178, 7.201–7.202

      • conceptual basis of, A4.71

      • consolidation of, 3.164

      • definition of, 7.201, A4.71

      • financial protection schemes provided by, 2.135

      • guarantee holders, public sector units as, A4.80

      • guarantors, public sector units as, A4.79

      • holding gains and losses, 10.35

      • premium, fees, and claims payable related to, 6.107, 6.125, Table 6.11

      • premiums, fees, and claims receivable related to, 5.6, 5.149–5.151, Table 5.12

      • property expense for investment income disbursement, 6.113–6.115

      • providers of, A4.72

      • provisions for calls under, 3.49, 7.201–7.202, 9.57, 9.69, 10.75

      • recording of flows and stock positions, A4.78-A4.80

      • terminology of, A4.73-A4.77

      • types of insurance, A4.68-A4.72

      • valuation of, 7.122, 7.180–7.181

      • See also Insurance, pension, and standardized guarantee schemes

    • State government

      • authorities and responsibilities of, 2.91

      • characteristics of, 2.90

      • definition of, 2.90

      • institutional units of, 2.80–2.83, 2.91–2.94

      • institutional units subject to dual control, 2.79, 2.99

      • international comparison of data for, 2.77

      • relation to other institutional sectors, Figure 2.2, Figure 2.3

      • Statement of Operations

      • accrual reporting of, 3.64, 3.107

      • analytic balances of, 4.17–4.20

      • classification of transactions in, 4.22, Table 4.1

      • components of, 4.16, 4.22, Table 4.1

      • definition and purpose of, 3.64, 4.9

      • expense recorded in, 4.24, 6.6

      • financing transactions recorded in, 4.26–4.31

      • fiscal indicators derived in, 4.17–4.21, 4.53

      • implementation of governments

      • finance statistics framework, 1.38

      • in analytic framework of GFSM 2014, 1.15, A7.18

      • in structure of analytic framework, 4.8, Figure 4.1

      • IPSASs statements versus, A6.37

      • purpose of, 1.15

      • revenue recorded in, 4.23, 5.10

      • Statement of Sources and Uses of Cash and, 4.12, 4.35

      • Statement of Total Changes in Net Worth and, 1.18, 4.46

      • System of National Accounts and, 7.14, Table A7.2

      • transactions in nonfinancial assets recorded in, 4.25

    • Statement of Other Economic Flows

      • accrual reporting of, 3.64, 3.107

      • classification of changes in net worth in, 4.36–4.38, 10.2, Table 4.3, Table 10.1

      • definition and purpose of, 1.16, 3.64, 4.10

      • holding gains and losses recorded in, 4.37

      • in analytic framework of GFSM 2014, 1.16, 4.8, A7.20

      • in structure of analytic framework, 4.8, Figure 4.1

      • IPSASs statements versus, A6.31, A6.37, A6.53

      • other changes in volume of assets/ liabilities recorded in, 4.38

      • purpose of, 4.36

    • Statement of Total Changes in Net Worth and, 1.18, 4.46

      • valuation of flows in, 3.107

    • Statement of Sources and Uses of Cash

      • cash basis of recording in, 3.67, 3.103, 4.34

      • classification of cash flows in, 4.32, Table 4.2

      • government borrowing in, 3.105

      • implementation of government finance statistics framework, 1.15, 1.38

      • in structure of analytic framework, 4.8

      • purpose of, 1.15, 3.68, 3.103, 4.32

      • recording of consumption of fixed capital, 6.61

      • recording of expense transactions, 3.104, 6.7

      • recording of grants in kind, 6.95

      • recording of purchase of goods and services, 6.31

      • recording of revenue in, 3.104, 5.11

      • Statement of Operations and, 3.106, 4.12, 4.35

      • valuation in, 3.107

    • Statement of Total Changes in Net Worth

      • definition and purpose of, 4.14, 4.46

      • in analytic framework of GFSM 2014, 1.18, 4.13, Table 4.5

    • Statistical units, 2.2–2.3. See also Institutional units

    • Statistics compilation method/ principles, 1.1, 1.25–1.35

    • Stock positions

      • balance sheet, 1.17, 1.30, 3.56, 7.1

      • classification of, Table A8.3, 7.34–7.232. See also specific categories definition of, 3.1, 3.36

      • economic benefits, 3.37

      • in government finance statistics framework, 1.15, 1.21, 3.36

      • in structure of analytic framework, 4.8, Table 4.1

      • integration of economic flows and, 1.20, 1.31, 3.2

      • net/gross presentation of, 3.143–3.151

      • valuation of, 3.107, 3.113–3.117, 7.20–7.33

    • Stripped securities, 7.152

    • Structural balances, 4.58, A5.40, Table 4A.2

    • Structural primary balances, Table 4A.2

    • Subscription fees, 2.37, 2.53, 6.42, 6.123, 9.52, A3.82

    • Subsidies

      • as transfer transactions, 3.10, 3.17, 6.85

      • capital transfers versus, 9.49

      • central bank interest rate policies as, 5.26, 5.70, 6.89, Box 6.2

      • classification of, as expense, 1.23, 4.24, 6.84–6.91, Table 6.6

      • classification of, as revenue, 5.146, Table 5.11

      • definition of, 5.146, 6.84

      • environmental, A7.130-A7.134

      • expense incurred by non-government unit, 6.84

      • foreign trade, 6.89

      • general government units as recipient of, 6.86

      • in Classification of Functions of Government, 6.145

      • in exchange rate regimes, 5.26, 5.89, 6.89

      • in government finance statistics framework, 1.23

      • losses of government trading organizations as, 6.89

      • on production, 6.90

      • on products, 6.89

      • purpose of, 6.84

      • tax credits as, 5.31, 6.89

      • to households, 6.86, 6.91

      • to nonprofit institutions serving households, 6.86

      • transfers not qualifying as, 6.91

      • treatment in calculation of economically significant/market prices, 2.69, 2.74, 3.110, 5.136

    • Subsoil assets, 5.54, 5.129–5.130, 7.93, 7.97–7.99, 8.32, 8.51, 10.52. See also Mineral and energy resources;

    • Mineral exploration and evaluation Summary Statement of Explicit Continent Liabilities and Net Obligations for Future Social Security Benefits

      • classification of revenue and expenses in, 4.48–4.50, Table 4.6

      • in analytic framework of GFSM 2014, 1.19, 4.13

      • purpose of, 4.15, 4.47

    • Super-dividends, 5.115–5.116, 6.110

    • Supranational authorities, 2.18, 5.37

    • Sustainability

      • calculation of primary balance for analysis of, 4.55, Table 4A.1

      • changes in net worth as indicator for, 1.10, 1.33, 2.106, 3.167, 4.3, 4.18, 4.39–4.40

      • debt sustainability, 4.55

      • net financial worth as indicator for, 4.41

      • net operating balance as a summary measure of, 4.18

    • Swap contracts, 7.215–7.217, A3.20-A3.23, A3.67-A3.71

    • System of Environmental-Economic Accounting Central Framework, A7.105-A7.134

    • System of National Accounts 2008

    • consolidation principles in, 3.167

    • consumption of fixed capital in, 6.53

    • coverage of social contributions in, 5.95

    • government finance statistics framework and, 1.8, 1.22–1.24, 1.35, 3.6, 4.6, A7.5-A7.72, Table A7.1, Table A7.2, Table A7.3, Table A7.4, Table A7.5

    • treatment of economic activities in, 3.6

    • treatment of tax revenue in, 5.25

    T

    • Tax burden, 1.3, Table 4A.1, A5.38

    • Taxes

      • accounting presentation, 3.143, 3.145

      • administrative fees versus, 5.73–5.75

      • amnesties, 5.19

      • as revenue transactions, 3.5, 3.10–3.13, 4.23, 5.1–5.2

      • attribution/assignment principles, 3.30, 5.33–5.40

      • burden, fiscal analysis of, 4.55, 5.9, Table 4.1

      • business and professional licenses, 5.81

      • capital levies, 5.52

      • capital, 5.51

      • cash basis recording, 3.104

      • central governments’ right to impose, 2.85

      • characteristics of, 5.2

      • classification of, 5.21–5.26, Table 5.1

      • consolidation, 3.161–3.162

      • credits as subsidies, 5.31, 6.89

      • credits, 5.29–5.32

      • definition of, 5.2, 5.23

      • direct versus indirect, Table 4A.1

      • earmarked taxes, 2.41, 2.79, 2.146, 5.39

      • environmental, A7.115-A7.121

      • exchange profits, 5.88–5.90

      • exchange, 5.91

      • excise, 5.62

      • expenditures, 5.28

      • fines and penalties on overdue, 5.24, 5.143

      • general taxes on goods and services, 5.57–5.61, Table 5.3

      • gross versus net presentation of, 3.143–3.145

      • harmonization of, A5.20

      • implicit taxes of central banks, 5.70, Box 6.2

      • imposed by force of law, 3.5

      • imputation system of corporate income, 5.44

      • in common budget of economic unions, A5.26-A5.28

      • in cross country comparisons, 1.13

      • in System of National Accounts 2008, 5.25

      • interest payable on overdue, 5.24, 6.82

      • local governments’ right to impose, 2.95

      • multistage, 5.60

      • net presentation of, 3.143–3.145

      • of government employees, 3.161

      • on business activities, 5.76

      • on capital gains, 5.41

      • on emissions, 5.81, A4.48-A4.49

      • on estates, 5.51

      • on exports, 5.85

      • on extraction of exhaustible resources, 5.82

      • on financial and capital transactions, 5.61

      • on foreign exchange transactions and profits, 5.88–5.91

      • on gifts, 5.51

      • on goods and services, 5.55–5.56. See also specific type

      • on goods and services, general, 5.57–5.61, Table 5.3

      • on imports, 5.84

      • on income, profit, and capital gains, 5.41–5.44, Table 5.2

      • on income of corporations, 5.41

      • on income of individuals or households, 5.41

      • on inheritance, 5.51

      • on international trade and transactions, 5.83–5.92, Table 5.5

      • on motor vehicles, 5.79, 5.80

      • on net wealth, 5.50

      • on ownership of assets or net worth, levied irregularly, 5.52

      • on ownership of immovable property, 5.49

      • on ownership of property other than immovable property, levied regularly, 5.53

      • on payroll and workforce, 5.45

      • on permission to perform activities, 5.72, 5.79, Table 5.4

      • on permission to use goods or perform activities, 5.72, 5.79, Table 5.4

      • on pollution, 5.81

      • on production, 2.74, A7.41, Table A7.3

      • on profits of export or import monopolies, 5.86–5.87

      • on profits of fiscal monopolies, 5.63–5.68

      • on property, 3.84, 5.46–5.54, 5.77

      • on recreational activities on religious organizations, 5.39–5.40

      • on specific services, 5.69–5.71

      • on use of goods and permission to use goods or perform activities, 5.72, 5.79, Table 5.4

      • on winnings from lotteries or gambling, 5.41

      • other taxes category, 5.93

      • other taxes on goods and services, 5.82

      • other taxes on international trade and transactions, 5.92

      • other taxes on use of goods and on permission to use goods or perform activities, 5.81

      • payment in kind of, 3.24

      • payments classified as transactions, 3.5, 3.10, 3.12–3.13

      • payroll and workforce, 5.45

      • penalties/fines on overdue, 5.24, 5.143

      • permits as A4.42

      • refunds, 3.145, 5.7, 5.27

      • regional organizations and, 2.18

      • relief measures, 5.28–5.31

      • rent and, 5.128, 5.133

      • sales, 5.59

      • severance, 5.133

      • social contributions versus, 5.96

      • state governments’ right to impose, 2.91

      • time of recording and measurement of, 3.57–3.60, 3.62, 3.76–3.86, 5.10–5.20

      • value-added, 5.58

      • withheld from employees, 3.161, 6.12

    • Territorial enclaves, 2.9–2.10, 2.13, 2.16, 8.50, A3.56, A7.84

    • Territorial waters, 2.9, 3.40, 7.19

    • Timber resources, 5.82, 5.127, 7.61, 7.82, 8.34, 10.52, A4.28-A4.29

    • Time of recording economic flows accounting bases, choices, 1.27, 3.57–3.60, 3.68

      • advantages of accrual accounting, 3.68–3.74

      • appearance or disappearance of existing assets, 10.52

      • challenges in, 3.58–3.59, 3.75, 5.14

      • consumption of fixed capital, 3.90, 8.16

      • dividends, 3.87, 5.112, 6.109

      • expense transactions, 6.6–6.7

      • fines and penalties, 3.85, 5.144

      • grants, 3.86, 5.105

      • holding gains and losses, 3.99–3.100, 10.7

      • in accrual basis accounting, 3.62–3.64, 3.76–3.102

      • in cash basis accounting, 3.67, 3.69, 3.70, 3.71, 3.72, 3.103–3.106

      • in commitments basis accounting, 3.65, 3.69, 3.71

      • in due-for-payment basis accounting, 3.66, 3.69, 3.70, 3.71, 3.73

      • in government finance statistics framework, integration of 3.57

      • in regional arrangements, A5.43

      • income taxes, 3.83, 5.15

      • inventories, 3.91, 8.47

      • operating leases, 3.90

      • other changes in the volume of assets, 3.98, 3.101–3.102

      • other economic flows, 3.98–3.102

      • production of fixed assets, 7.37

      • reclassifications, 3.102, 10.83

      • revenue transactions, 5.10–5.20

      • sales of goods and services, 5.141

      • taxes and compulsory transfers/social contributions, 3.77–3.86, 5.12

      • taxes on ownership of property, 3.84

      • transactions in services, 3.89

      • transactions in financial assets and liabilities, 3.93–3.97, 9.2, 9.13–9.16

      • transactions in goods, services, and nonfinancial assets, 3.88–3.92

      • transactions in nonfinancial assets, 8.2, 8.13–8.17

      • transactions with nonfinancial component, 9.15

      • use of goods and services, 3.92, 6.7, 6.28

      • withdrawals of income from quasi-corporations, 3.87

    • Tools, 6.15, 6.35, 6.43, 7.40, 7.52, 8.33

    • Total change in net worth, Table 4A.1. See also Changes in net worth

    • Total expenditure or outlays, Table 4A.1. See also Expenditure

    • Total financing, Table 4A.1. See also Financing

    • Total transfer payments excluding grants, Table 4A.1

    • Trade, international

      • associations, 2.37, 2.61, 6.42

      • government trade organizations, 6.89

      • sales of monopolies in, 5.86–5.87

      • subsidies, 6.89

      • taxes on, 5.83–5.92, Table 5.5

      • zones, 2.11

    • Trade credit and advances, 3.72, 3.95, 7.225, Table 4A.1

    • Transactions

      • barter as, 3.22

      • characteristics of transactions, 3.7–3.30

      • classification of, 1.15, 1.21, 3.7, 5.21–5.22, 6.8, 6.148–6.150, 8.21–8.23, 9.24–9.27, Table 5.1, Table 6.1, Table 6A.1, Table 6A.2, Table 8.1, Table 9.1

      • counterparty classifications, 2.23, 3.165, Table 3.1, Table 9.2, Table A8.4

      • currency conversion for recording, 3.132–3.133

      • definition of, 3.5, 4.9

      • double-entry of, 3.54

      • exchanges as, 3.9

      • imputed, 3.28

      • in government finance statistics framework, 1.15, 1.20, 1.26–1.28, 1.32–1.34, 3.6–3.7, 4.22, Figure 4.1, Table 4.1, Table 4.2

      • in kind, 3.23–3.25

      • integration of, 1.20, 1.31, 3.36

      • internal/intra-unit, 3.26

      • monetary, 3.8–3.18

      • nonmonetary, 1.28, 3.19–3.26

      • partitioning of, 3.29

      • rearrangements of, for recording, 3.27–3.30

      • reassignment of, 3.30

      • rerouting of, 3.28

      • time of recording of. See Time of recording economic flows

      • transfers as, 3.10–3.18

      • two-party nonmonetary transactions, 3.21–3.25

      • valuation of. See Valuation

      • See also specific type of transactions

    • Transfer pricing, 3.122

    • Transfers

      • as monetary transaction, 3.10

      • as nonmonetary transaction, 3.19

      • capital versus current, 3.15–3.18, 4.23, 5.145, 5.147–5.148, 6.122, 6.123–6.124

      • compulsory transfers, 3.85

      • conditional, 3.86

      • consolidation of, 3.155

      • definition of, 3.10

      • exchanges combined with, 3.11–3.12

      • fines and penalties as, 5.142

      • grants as, 5.5, 5.101–5.105, 6.92–6.95, Table 5.7, Table 6.7

      • in-kind, 3.25

      • nonlife insurance premiums and claims, 3.14

    • not elsewhere classified, 5.6, 5.145–5.148, 6.122–6.124, Table 5.11, Table 6.10

      • of goods and services, 6.37–6.42

      • social benefits as, 6.96–6.106

      • subsidies, 5.146, 6.84–6.91, Table 5.11, Table 6.6

      • taxes, 3.13

      • time of recording, 3.77–3.86

      • types of, 3.12–3.15

      • use of goods and services versus, 6.37–6.42

      • valuation of, 3.112, 3.121

      • voluntary transfers, 3.86

    • Transport equipment, 7.54, Table 7.4

    • Tree, crop, and plant resources, 7.59, 7.61–7.63, 8.34–8.36, Table 7.5

    • Turnover and other general taxes on goods and services, 5.60, Table 5.3

    U

    • Underwriting facilities, 7.259

    • Unions, trade and labor, 2.61, A2.11

    • Unit of account, 3.51, 3.130–3.131

    • Use of goods and services

      • acquisition of nonfinancial assets versus, 6.43–6.49, 7.40, 7.57

      • as charges for collection fees, 5.35

      • as expense, 4.24, Table 6.1

      • compensation of employees versus, 6.9, 6.15, 6.18, 6.33–6.36

      • definition, 6.27

      • distributed as social benefits, 6.39–6.40

      • excluded from, 6.27

      • fees and charges related to, 5.136–5.138, 6.30

      • fees for financial services and, 6.52, 6.81

      • gross recording of, 6.30

      • in calculation of production costs, 2.74, 5.136

      • in own-account capital formation, 6.27, 8.15

      • in production of coins or notes, 6.48

      • in research and development, 6.46

      • indirect estimation of, 6.29

      • internal or intra-unit transactions

    • in, 3.26

    • inventories and, 6.29, 6.44, Table 6.3

    • major renovations versus, 6.45, 8.25–8.27

    • military, 6.49

    • mineral exploration and evaluation, 6.47

    • prepayments for, 6.69

    • reimbursement to employee as, 6.15

    • rent versus, 6.51

    • rentals and financial leases versus, 6.50

    • taxes on, 3.84, 5.35, 5.55, 5.72–5.82

    • time of recording, 3.92, 6.28, 6.31

    • transfers of goods and services versus, 6.37–6.42, 6.97

    V

    • Valuables

      • as payments in kind, 3.24

      • catastrophic losses, 10.60

      • classification of, 3.50, 4.25, 4.44, 6.43, 7.17

      • consumption of fixed capital on, 6.55

      • costs of ownership transfer, 8.7, 8.48

      • definition of, 7.18, 7.87

      • economic appearance or disappearance of, 10.50

      • holding gains on, 10.18

      • reclassification of, 10.84

      • types of, 7.88, 7.129

      • valuation of, 7.20, 7.89, 8.9, 8.48

    • Valuation

      • accumulating and revaluing transaction, 7.31–7.32

      • as reason for consolidation discrepancies, 3.165

      • effect of external events on, 10.59

      • estimation of, 3.125

      • general rule for, 3.107

      • gross debt, 7.239–7.242

      • in government finance statistics framework, 1.29

      • in Statement of Operations, 3.107

      • in Statement of Sources and Used of Cash, 3.107

      • IPSASs versus GFS, A6.25-A6.30

      • observed in markets, 7.26

      • of arrears, 3.71, 7.250

      • of assets and liabilities, 7.20–7.33

      • of barter, 3.112, 3.125

      • of changes in volume of assets, 3.128–3.129

      • of concessional loans, 3.123

      • of consumption of fixed capital, Box 6.1

      • of debt instruments, 7.238

      • of debt securities, 7.154–7.156

      • of deposits, 7.142

      • of derived measures, 3.140–3.143

      • of dwellings, 7.45

      • of employee stock options, 7.223

      • of equity, 7.166, 7.171–7.173

      • of financial derivatives, 7.204

      • of fixed assets, 7.36, 8.9

      • of grants in kind, 5.104

      • of holding gains and losses, 3.127

      • of inventories, 7.78, 8.10

      • of land, 7.94

      • of loans, 7.163

      • of nonperforming loans, 7.262–7.263

      • of other changes in the volume of assets

      • of other economic flows, 3.126

      • of public monuments, 7.43

      • of stock positions, 3.2, 3.113–3.117

      • of transaction after partitioning, 3.124

      • of transactions and stock positions expressed in foreign currency, 3.119

      • of transactions in financial assets and liabilities, 3.11, 9.7–9.12

      • of transactions in nonfinancial assets, 8.9–8.12

      • of transactions with a contractual quotation period, 3.120

      • of transactions with transfer pricing, 3.122

      • of transactions, 3.108–3.112, 8.9–8.12

      • of transfers in kind, 3.112, 3.121, 3.123

      • of valuables, 7.89, 8.48

      • present value of future returns, 7.33

      • when payment made after long delay, 3.118

    • Value-added taxes, 5.27, 5.58, Table 5.3, A7.120

    W

    • Wages and salaries

      • definition, 6.12, Table 6.2

      • in cash, 6.13–6.16

      • in kind, 6.17–6.18

      • reimbursements of costs not counted as, 6.15

      • social benefits not counted as, 6.16

    • War, 6.58, 6.91, 10.60–10.61

    • Water resources, 7.12, 7.102, A4.32-A4.34, A7.119

      • taxes on, 5.62, 5.71

    • Weapons systems, 6.49, 7.52, 7.74, 8.43

    • Work in progress, 3.91, 6.29, 6.44, 7.37, 7.62, 7.80, 7.82. 8.47, Table 7.6

    • Write-offs, debt, 4.35, 10.24, 10.57, A3.4, A3.7, A3.32-A3.34

    Z

    • Zakat taxes, 5.39–5.40

    • Zero-coupon bonds, 3.70, 3.115, 4.35, 6.71, 7.147, 9.40, 10.25

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